Spendscape by McKinsey

Unlock next-level procurement insights with Spendscape!   We provide thousands of procurement insights powered by generative AI. Get expert-level categorization in record time—fast, accurate, and secure.   Discover the power of AI-driven procurement insights: https://lnkd.in/eD8XNwkK   #Spendscape #procurement #purchasing #GenAI #DigitalProcurement #SpendAnalytics #CategoryManagement #ProcurementTech #ProcurementTechnology #ProcurementTransformation #categorization #CostMonitoring #MaterialBreakdown

One of the many metrics that CFOs continuously monitor and work to improve is procurement spend—and the numerous metrics it influences. Advanced data analytics in procurement allows CFOs to get ahead of problems and spot opportunities for savings and efficiencies to drive profitability and enhance organizational performance. Spendscape's own Björn-Uwe Mercker and Dr. Phillip Wittenberg together with finance leader Christian Grube delve into the pivotal role of procurement analytics in facilitating a seamless collaboration between finance and procurement. Curious? Read more: https://lnkd.in/eEJzBwnR

Will you be at Celosphere 24 in Munich next week? Meet our procurement experts Björn-Uwe Mercker, Kathrin Bormann, Rodrigo Tizzei, Dr. Phillip Wittenberg, Victor Parmar and Elson Simoes at booth number 2 (Spendscape by McKinsey) to gain valuable knowledge on how to leverage advanced analytics and gen AI to reach procurement excellence and support your net zero journey.   Visit our booth demo sessions to learn more about our solutions for sustainability analytics, input cost monitoring, and gen AI-powered data cleansing and enrichment.   Booth demo session 1: Advanced Analytics for Strategy & Negotiation (Sustainability Analytics, Input Cost Monitoring) 23.10.2024 - 11:30 to 12:00   Booth demo session 2: Leveraging Gen AI for data cleansing and enrichment 23.10.2024 - 14:30 to 15:00 To schedule a meeting with our on-site colleagues, please reach out directly to the above mentioned experts or follow the link: https://lnkd.in/eV_Dd8_t     #Celosphere #Spendscape #procurement #purchasing #GenAI #DigitalProcurement #SpendAnalytics #CarbonAnalytics #CategoryManagement #ProcurementTech #ProcurementTechnology #ProcurementTransformation

Are you attending this year’s Sphera Summit EMEA in Frankfurt? We would be excited to meet you there! Our procurement and sustainability experts Niklas Heckelt, Luis Miguel Granja and Björn-Uwe Mercker will be on-site in Frankfurt at our Spendscape by McKinsey booth. Join us to explore the latest developments in procurement analytics and learn how gen AI will help you move the needle in decarbonization and creating supply chain resilience.   Don't miss Björn-Uwe Mercker on the panel discussion:   23.10.2024 – 8:30-9:15 am Trends in Supply Chain Management Gain insights into key supply chain trends and advancements, including AI, to optimize and future-proof your operations To schedule a meeting at our booth, reach out directly to the above mentioned experts or follow the link: https://lnkd.in/eV_Dd8_t     #SpheraSummit #Spendscape #procurement #purchasing #GenAI #DigitalProcurement #SpendAnalytics #CarbonAnalytics #CategoryManagement #ProcurementTech #ProcurementTechnology #ProcurementTransformation

The world is experiencing significant challenges with supply chain disruptions, geopolitical tensions, and technological advancements. It’s increasingly clear that the resulting shifts are not temporary but structural—the beginning of a new economic era characterized by regionalized supply chains, AI dominance, and volatility. Organizations need to get ahead of the curve and find ways to manage material cost volatility. At Spendscape, we bring together gen AI capabilities, integrated index libraries and intuitive analytics with McKinsey‘s cost engineering expertise and design-to-value methodology. Doing so, we empower you to track material costs, capture product margin opportunities, and address volatility at scale. Learn more here: https://lnkd.in/euscS8v7

Join us as we explore the transformative power of generative AI in procurement. Discover how leading procurement executives and McKinsey experts are leveraging the ground-breaking technology to boost productivity, enhance efficiency, and drive innovation in their organization. Register now: https://lnkd.in/eCBMq5UU #genAI #sourcing #procurement #supplychain

Hello from Singapore! 👋 Meet our Spendscape experts Kathrin Bormann, Shubham Pathak,Saurabh Pande, CSCP, Rodrigo Tizzei, Riccardo Drentin and Vikas Prasoon at this year's ProcureCon Asia conference. Come by our booth 13 to discuss how our Gen AI capabilities can help you manage key challenges and unearth new opportunities for growth, innovation, and productivity. Gen AI in Procurement Analytics: https://lnkd.in/dZcndugz #procurement #digitalprocurement #ProcureCon #ProcureConAsia #purchasing #GenAI #SpendAnalytics #CarbonAnalytics #ProcurementTech

We are excited to share that Spendscape has been recognized as a top ranking provider for spend analytics solutions by Spend Matters, In addition, Spendscape has been acknowledged in the CO2 SolutionMap with top ranked carbon analytics capabilities and GHG emissions analytics above benchmark. Learn more about our spend and carbon analytics solutions and request a demo to see Spendscape in action: https://lnkd.in/dC7Hg9gF #Procurement #SpendAnlytics #CarbonAnalytics #DigitalProcurement #SolutionMap #SpendMatters

Will you be at this year's ProcureCon Asia in Singapore? Meet our procurement experts Kathrin Bormann, Shubham Pathak, Rodrigo Tizzei and Saurabh Pande, CSCP at booth 13 to discuss the latest trends and approaches to effectively track and reduce Scope 3 emissions, mitigate supply chain risks and manage volatility. To schedule a meeting at our booth, reach out directly to the above mentioned experts or follow the link: https://lnkd.in/eV_Dd8_t #procurement #digitalprocurement #ProcureCon #ProcureConAsia #purchasing #GenAI #SpendAnalytics #CarbonAnalytics #ProcurementTech 

Exciting News from Spendscape In April, we hosted our first-ever Spendscape Innovation Lab in Duesseldorf. Attending procurement leaders took a look into the future of procurement and discussed current and emerging trends that will reshape the function. Highlights from our the event: Insightful keynote:  Our keynote speaker Michael Veeser delivered a captivating session on carbon and sustainability analytics that combines live procurement spend and product data with emission factors in a fully digital tool, shedding light on how it's shaping the future of procurement. Innovative discussions:  Engaging discussions on the current status of the Spendscape solution and our future strategy. It was incredible to see minds coming together to envision the path ahead. Breakout Sessions:  Our breakout sessions explored the exciting possibilities of gen AI and its role in fostering innovation on adoption drivers and innovation. A huge thank you to all who joined us in this journey of exploration and innovation. Stay tuned for more groundbreaking developments from the Spendscape Innovation Lab. #Procurement #ProcurementAnalytics #Digitalprocurement #Purchasing #GenAI #SpendAnalytics #CarbonAnalytics #ProcurementTech #ProcurementInnovation