Caprice partnership with Barcanet takes headache out of supplier negotiations
Our Client: Caprice Holdings
The Group encompasses some of the UK’s favourite restaurants and members clubs. Each restaurant in the group is different, but shares the same devotion to quality, demonstrated in the sourcing, seasonality, preparation and presentation of their food and drink, in the imagination of their design and in the warmth and skill of their service.
The Challenge: Disparate Data
Paul Jenkins, Procurement Director of Caprice Holdings said “The Group has expanded through a mix of historic acquisition and organic growth which has resulted in data sitting in disparate systems. The procurement team were spending enormous amounts pulling together data from multiple sources, cleansing and analysing it themselves. The process was inconsistent and time-consuming."
The Solution: Expenditure Analysis
Says Paul, "To be effective business partners for our internal stakeholders we needed much better spend insights and to claw back more time for our buyers. I challenged Ian and the Barcanet team to get us a clean, simple and consistent set of expenditure analysis every month, highlighting gaps, opportunities and outliers, that the team could act upon.
The Results: Procurement Are Better Business Partners
Paul continues, "Barcanet were named Gartner's 'Cool Vendor' for their technology and approach, and from the first demo we could see why. They took their advanced spend analytics platform and tailored it to meet our requirements, creating a suite of dashboards and reports focussed on our objectives.
With this data-driven solution the procurement team is now more productive, more knowledgeable, they now have stacks of insights for their supplier negotiations, and we have become better business partners within the organisation.“
Caprice have confirmed they will be rolling out the advanced spend analytics platform following a hugely successful pilot. Paul continues "The Barcanet platform and dashboards are easy to use. Their attitude and approach has been superb.”
Ian Yates, Director at Barcanet adds “We really enjoy working with the Caprice team - they are all so passionate about what they do and the company they work for. They put their trust in us and we loved demonstrating the power of organised data!
Our job is to help procurement teams address business challenges with consolidated, consistent data. We help unearth the most useful insights using visual tools to take stakeholders on the journey with them. Our customers like how we do it, which at the end of the day is what really matters."
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