Advanced Benchmarking
Want to know more?
External Benchmarking helps Procurement Organizations
Determine Return on Investment (ROI) in procurement
Identify capability gaps and key improvement areas
Show how to dramatically increase impact on the bottom line
Beroe's Advanced Benchmarking offers
Organization Benchmarking
Benefits
Procurement's business value compared to industry peers
Procurement Performance Benchmarking
Benefits
Category maturity and performance
Spend Pool/Category Benchmarking
Benefits
Drive better supplier performance and save costs
Beroe’s Benchmarking Methodology: Crowd-sourced Data Benchmarking Capabilities via Beroe LiVE
Improve
Continuous learning from results
Adjust data inputs based on feedback from business users
Set targets for improvement and continuous refreshing of data
Recalibrate benchmarks
Analyze
Centralized analytics
Tailored reports based on need
Deep dive data by industry, category, by revenue, by geography, etc.
Trend analysis to scale results
Collaborate
Post unstructured questions
Share results with colleagues
Follow up to validate data
Set notifications for real-time update on responses
Plan & Collect
Determine different benchmarking methods - polls, virtual roundtables and discussion
Intuitive interface to post questions
Why Beroe's Benchmarking?
01.
Curated inputs from Beroe LiVE community of 10,000+ companies through polls and surveys
02.
In-depth competitive performance measurement on procurement peers / competitors by Industry, Region and Revenue
03.
Gap analysis based on underlying category strategy components like specification, KPIs / SLAs
04.
Intelligence that is up to date - Refreshed periodically
