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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

  1. Reach
    1. Mass mail to local suppliers
    2. 3 reminders
    3. Organise organic nego locally when necessary
  2. Collect results
  1. Understand
    1. category constraints
    2. local constraints
    3. harmonize and cleanse
  2. 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

  1. Global pricing for smooth commercial ordering
  2. Joint development of global pricing applicable to all regions & countries
  3. Ordering of systems through local contacts (direct or partner)
  4. Recommendation to work with local partners
  5. Standard delivery term: FCA (free carrier)

Equipment

  1. Full flexibility and options for service and maintenance*
  2. 15% of equipment purchasing price based on a reactive service model
  3. Standardized service packages with cost model adapted to local markets
  4. Cooperation with HQ involved in all business aspects

including parts only, time & materials, and full service models

Maintenance

  1. Global spare parts pricing with easy-to-use ordering via web shop
  2. Access to Global List Price - GLP & recommendations
  3. X % Brink’s discount on spare parts (Global List Price - GLP)
  4. Stock management by local partners,
  5. Manufacturer (if service responsible), or Brink’s itself
  6. 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

  1. Negotiation phase
    1. email
    2. phone / teams
    3. shadowed by SM
    4. or leading
  2. Collect results
  1. Decide PSL country by country operations
  1. Alignment on incumbent and new equipment/maintenance/spare parts
  2. Supplier list redistribution
  3. Market Archetype understanding
  1. - Each SA owns up X countries to be deployed in terms of :
    1. New Equipment
    2. Maintenance contracts to be (re)negotiated
    3. Spare-parts catalogues to be deployed
  2. - Fill-in countries individual template
  3. - Local suppliers mass-mailing
  4. - Send up to 3 reminders
  1. Align with country operations
  1. Collect terms and signed agreement
  2. 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
Maintenance Providers: 1In-House

+ 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