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Working file - GEP GLOBAL SOURCING STRATEGY MONEY PROCESSING
MOUNA
Created on January 30, 2024
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MONEY PROCESSING TASKFORCE
GEP xxxxx TASKFORCE
STRATEGY | SOFTWARE | MANAGED SERVICES
global preferred list of suppliers deployment
AGENDA
Supplier Landscape
CONTEXT
PHASING
OBJECTIVES
METHODOLOGY
COUNTRY TEAM
RACI
TIMELINE
PROGRESS TRACKER
MARKET ARCHETYPES MAP
THANKS
cONTEXT
GEOGRAPHY
KEY FIGURES
92
Money Processing
34
Global
# manufacturers
96
COUNTRIES
$71M*
#Local distributors
76
Captured spend *Spend HQ 2023
#Maintenance service providers
CATEGORIES
TASKFORCE OPERATING SCHEME
Equipment
Mid-size sorter, High-volume sorter, Desktop Counter, Desktop sorter, Packing, Wrapper, Vacuum Counter, Canceler, Teller Cash Dispenser, Bagging, Elevator, Note Stacker, Stacker, Packing machine
Bank Notes
Data collection
PHASE 1
4 weeks
2 weeks
PHASE 2
Data analysis
PHASE 3
Strategy validation
2 weeks
Maintenance
PHASE 4
Supplier evaluation
PHASE 5
Negotiation
24 weeks
High-volume sorter, Wrapper, Desktop Counter, Bagging, Conveyor, Mid-size sorter, Shrink oven, Coin wrappring line, Coin counter, Coin sorter, Packing, Scales, Desktop sorter, Compressor
PHASE 6
Implementation
Coins
Spare-parts
TOTAL COMPLETION TIME: 32 WEEKS = 8 MONTHS
OBJECTIVES
wanted situation
current situation
- ~92 Manufacturers with a mix of Global/Local Suppliers
- ~80% of the total spend with top 5 Suppliers, with a tail-spend of 20% distributed among 87 suppliers, most of which are regional/local
- Preferred list of Manufacturers (global) to be enforced to obtain cost savings thanks to global volumes leverage
- Local distribution PSL (country by country)
Equipment
- Combination of In-house & Out-sourced maintenance out of which majority is out-sourced
- PSL country by Local providers will be favored recommendation
Maintenance
- Global manufacturer pricelist/cata logue for local providers/distributors
- Ad-hoc purchases according to the region from local suppliers
Spare-parts
Preferred suppliers
methodology
Tailored for BRINKS OPERATIONS
Centralized approach
- Create a productive model that yields fast results
- Prepare negotiation ground effectively
- Maximise reach to local suppliers
business requirements 100 % compliance
maximized reach
- Reach
- Mass mail to local suppliers
- 3 reminders
- Organise organic nego locally when necessary
- Collect results
- Understand
- category constraints
- local constraints
- harmonize and cleanse
- Adjust
OPEX Savings
GOVERNANCE & raci
Coo sponsors (EMEA-APAC +US)
- Sponsoring
- Stage gate updates on important decision points
- Arbritration on decision-making
01
Country operations
Brinks global sourcing
- Vendor identification
- Qualitative evaluation & Scoring
- Vendor Shortlisting & Negotiation
- Sign-off on RFXs/Negotiations
- Final vendor award
04
02
- Access to project relevant files and data
- Alignment on Baseline and Savings Methodology
03
- Creating project charter
- Spend analysis and baseline creation
- Tentative savings Methodology
- Internal & External Analysis
- Initiate RFXs/Direct Negotiations
- Qualitative evaluation, scoring and shortlisting of vendors
- Supplier Negotiations
- Finalize Savings Methodology and award
GEP Sourcing analysts
gep sponsors (Local leads)
xxxxxxx
market archetypes
Dominant Supplier in Each country
Legend :
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Rohan
Supplier Landscape
GLOBAL
Regional
LOCAL
2023 TOtal Spend: $0.4M
01
Equipment
2023 TOtal Spend: $25M
24 Suppliers
2023 TOtal Spend:$28M
16 Suppliers
02
2023 TOtal Spend: $2M
Maintenance
25 Suppliers
2023 TOtal Spend:$0.5M
2023 TOtal Spend:$6.5M
03
Spare-parts
TBD
TBD
TBD
Rohan
negotiated
start RFP
Preferred list of suppliers - requirements
- Global pricing for smooth commercial ordering
- Joint development of global pricing applicable to all regions & countries
- Ordering of systems through local contacts (direct or partner)
- Recommendation to work with local partners
- Standard delivery term: FCA (free carrier)
Equipment
- Full flexibility and options for service and maintenance*
- 15% of equipment purchasing price based on a reactive service model
- Standardized service packages with cost model adapted to local markets
- Cooperation with HQ involved in all business aspects
including parts only, time & materials, and full service models
Maintenance
- Global spare parts pricing with easy-to-use ordering via web shop
- Access to Global List Price - GLP & recommendations
- X % Brink’s discount on spare parts (Global List Price - GLP)
- Stock management by local partners,
- Manufacturer (if service responsible), or Brink’s itself
- Warranty terms with Brink's
Spare-parts
Preferred suppliers
PEOPLE OF MONEY PROCESSING
still wip
PHASE 1.2.3
MASS-MAILING
THAO
LUCIE
RITA
SIMONA
MALVINA
BETTINA
VIERA
DORINA
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PHASE 4.56
nEGOTIATION
niklas
MICHAEL
SABINA
PATRICIA
CLAUDIA
Madalin
Michiel
BRITTA
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ESCALATION & ADVICE
klara
MICHAL
MOUNA
aNNA-mARGARETA
cENK
TEREZA
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TIMELINE & PHASING
SUPPLIER EVALUATION
STRATEGY VALIDATION
nEGOTIATION
IMPLEMENTATION
DATA COLLECTION
DATA ANALYSIS
04
03
PHASE 6
PHASE 4
PHASE 5
Phase 3
PHASE 1
PHASE 2
06
04
02
05
03
01
00
Equipment
negotiated
DEPLOY
Maintenance
08
start RFP
Spare-parts
- Negotiation phase
- phone / teams
- shadowed by SM
- or leading
- Collect results
- Decide PSL country by country operations
- Alignment on incumbent and new equipment/maintenance/spare parts
- Supplier list redistribution
- Market Archetype understanding
- - Each SA owns up X countries to be deployed in terms of :
- New Equipment
- Maintenance contracts to be (re)negotiated
- Spare-parts catalogues to be deployed
- - Fill-in countries individual template
- - Local suppliers mass-mailing
- - Send up to 3 reminders
- Align with country operations
- Collect terms and signed agreement
- Calculate generated savings
4 weeks
Data collection
PHASE 1
2 weeks
Data analysis
PHASE 2
Strategy validation
2 weeks
PHASE 3
Supplier evaluation
PHASE 4
Negotiation
24 weeks
PHASE 5
Implementation
PHASE 6
TOTAL
COMPLETION
32 WEEKS
TASKFORCE OPERATING SCHEME
= 8 months
progress tracker
Documents quality
Equipment
25%
Write a subtitle here
Maintenance
0%
Write a subtitle here
Documents quality
Spare-parts
30%
Write a subtitle here
THANKS
contact us
MOUNA
ROhan
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Communication to major stakeholders
Communication to major stakeholders
Subject: Empowering Regional Operations: Introducing Our Preferred List of Suppliers Dear Jorge and Michalis As we navigate the ever-evolving landscape of global operations, we are excited to share with you a transformative strategy that will revolutionize the way we approach supplier partnerships on money processing Over the past few years, Brink’s has been dedicated to fostering strategic alliances that drive efficiency, innovation, and success across borders. Today, we would like to introduce a pioneering initiative that will further elevate our operational excellence: the Preferred List of Suppliers. This initiative is not just about selecting suppliers; it’s about empowering regional operations with the flexibility to choose partners that best align with their unique constraints and needs. It recognizes the importance of local dynamics and aims to streamline our processes while maximizing efficiency and effectiveness. Key Points: Tailored Solutions: Our Preferred List of Suppliers offers tailored solutions that address local constraints and operational requirements, ensuring that each region has access to the resources they need to thrive. Operational Optimization: By streamlining processes and optimizing supply chain management, we aim to reduce complexities and costs, enhancing overall operational performance and driving sustainable growth. Strategic Partnerships: Collaboration with our preferred suppliers fosters long-term partnerships and facilitates innovation, positioning Brink’s for sustained success in a competitive market. Action Required: We need you to embrace and actively participate in the implementation of the Preferred List of Suppliers. Your input and engagement are critical as you strive to shape the future of Brinks’ operations and solidify Brinks’ position as leader in the industry. Next Steps: In the coming weeks, we will be providing additional information and resources to support in this transition. Conclusion: In conclusion, I am confident that the introduction of our Preferred List of Suppliers will usher in a new era of operational excellence, collaboration, and success for Brink’s. Together, we will navigate the challenges ahead and emerge stronger than ever before. Thank you for your continued dedication and support. Best regards,
xxxxxxx
france specifications
wanted situation
current situation
xxxxxx
2023 Total Spend: $7.6M
- 4 Manufacturers
- Preferred list of Manufacturers (global) to be enforced to obtain cost savings thanks to global volumes leverage
- Local distribution PSL (country by country)
Equipment
Manufacturers: 4
- Glory
- G+D
- Paycomplete(SUZOHAPP/ScanCoin)
- CPS
+ INFO
- In-house
- TBD
Maintenance
- Global manufacturer pricelist/catalogue for local providers/distributors
- Ad-hoc purchases from local suppliers
Spare-parts
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rohan9 boxes
switchability : establishing a rule
Total spend
20 M€ / - 98 suppliers
Suppliers > 100K€
Suppliers < 100K€
XX K€ XX suppliers
XX€ / XX suppliers
Non- preferred suppliers
Preferred suppliers
Switch suppliers
XX M€ / XX suppliers
XX K€ / XX suppliers
CAPEX
Switch suppliers
Non substituable
XXK€ / XX suppliers
XX K€ / XX suppliers
30
sEPTEMBER
BAYER'S
DEADLINE
HIGHLY VISIBLE OBJECTIVE HIGHLY IMPACTFUL KPI TEAM UPSKILLING OPPORTUNITY SUCCESS STORY(ies)
+ INFO
wE CAN MAKE IT AS A TEAM