What is Optimized Supplier Spend Reporting (OSS)?
With each LOB in a company operating with different information on a single supplier entity it is difficult to get a single view comprising the best information about the specific supplier. This holds true both for operational and for analytical contexts. Is this supplier related to another similarly named supplier? Which address is the best? Which name is correct? What is the most recent phone number? Is my supplier a subsidiary of another company with which my company does business? How much money do I spend on my individual suppliers?
When this information is not aligned, business gets cumbersome. To ensure that you can analyze your supplier interactions, such as global spend reporting effectively, you need complete, accurate, and synchronized supplier and material data. SAP helps you tackle this challenge with an easy-to-deploy solution for optimized supplier spend (OSS) reporting from which organizations can gain immediate benefit.
Main process steps and software involved
A software package consisting of SAP BusinessObjects Data Services and SAP NetWeaver Master Data Management (MDM) lets you easily extract, cleanse and consolidate supplier and material master data from dispersed IT systems to enable trusted cross-system reporting, such as global supplier spend analysis.
After optimizing data for global spend reporting using SAP BusinessObjects Data Services as the upfront data quality layer and SAP NetWeaver Master Data Management being the overall master data persistency and processing layer, a trusted global supplier spend dashboard can look like this:
The information displayed in the supplier spend dashboard now reveals the truth and can be used as a credible and trustworthy foundation for strategic sourcing: The output is based on consolidated supplier and material data where redundancies have been detected and eliminated. The screenshot shows an Xcelsius dashboard which runs against SAP NetWeaver BW, where the key mapping information provided by SAP NetWeaver MDM has been processed accordingly.
For more details,
- Watch the associated offline demo showing the individual process steps
- Read the Enterprise Master Data Management to get a complete picture
Optimizing data for global spend reporting is a smart way to start a company-wide MDM strategy. It is easy to deploy and delivers immediate ROI.
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