The document discusses how businesses generate large amounts of data from various sources like suppliers, customers, and employees everyday, yet most do not fully utilize this data. It describes how an analytics company called Purchasing Index collects and analyzes disparate data from different systems and benchmarks organizations' performance against competitors to provide insights to improve strategies, identify opportunities, and increase returns. Purchasing Index offers customized dashboards to visualize data and metrics for different leadership levels and functions to monitor performance and inform decision making.

1. The average business
generates an enormous
amount of data everyday.
Yet, few exploit this
information to its full potential.
YEARS OF
BENCHMARKING
AND DATA
ANALYTICS30

2. Suppliers
Across your organisation there are multiple stakeholders
in contact with your supply base, from Procurement,
Project and Line Managers to Sales and Marketing
teams. Each stakeholder has created a trail of data about
your suppliers. All of this information, when collated, gives
you unimagined insights into past supplier behaviour.
This can then be leveraged as a predictor for future
supplier behaviour.
Customers
Data is powerful. You collect it from Sales and Marketing,
Customer Service and Call Centre functions. How your
customers engage on your website and what they
say about you on social media is really valuable. This
information, when collated and analysed, allows you to
visualise ways your customers are engaging with your
organisation and brand, giving you the opportunity to
predict future customer trends to capitalise on, faster
than any of your competitors.
Employees
Everyday, your employees generate enormous amounts
of data about your organisation, their own performance
and level of engagement. By analysing this existing data
you will gain a clearer insight for what is happening within
your workforce ... and why.
The revelations you will discover can literally
transform your bottom line.
By merging every piece of information stored on every
database and identifying every user/client/lead/behaviour
or functional action being engaged, you create a
multitude of insights to inform and predict behaviours.
Automatically visualise concurrent
datasets to ...
Gain a panoramic view of your
competitive landscape
Measure your organisation’s performance
against that of your competitors
Gain strategic perspective through
interactive dashboards that
helicopter up and drill down
Track your targets and measure
strategic initiatives
Increase your return on investment
Gain critical insights to inform plans that
make a real difference.
“PROVIDING ORGANISATIONS
WITH MARKET-INTELLIGENCE
AND INSIGHTS TO HELP YOU
GAIN MORE GROUND.”
These disparate bytes of data, if
combined, can reveal a very powerful
and compelling story ...
PURCHASING INDEX | TEL: 03 8547 3940 | Email: pi@purchasingindex.com.au | Web: www.purchasingindex.com.au

3. Collect data from a variety of sources
PI adopts a wide variety of techniques to aggregate, manipulate
and cleanse data. Data sources include:
• Enterprise Resource Planning (ERP Data)
• Customer Relationship Management (CRM Data)
• Marketing Automation Platform (MAP) and Social Media Data
• Manufacture Resource Planning (MRP Data)
• Product Information Management (PIM Data)
... and more
Analyse and Visualise
PI’s technologies automatically upload and stream data to critically analyse
and present it in an easy to understand format. Items are benchmarked at
an individual level, and then compared against market metrics such as the
worst, average and best performers amongst a comparator group. You are
provided with your overall position, expressed as ‘better or worse’ than the
typical market participant plus you receive valuable market intelligence for
each item that is benchmarked.
Strategise
By using PI’s applied mathematics, economics, computer science, statistical
analytics techniques and advanced pattern recognition technology (Machine
Learning), you will identify trends and gain the insights you need.
In benchmarking your data against others you can pinpoint and pursue
your organisation’s most promising opportunities.
• Evaluate your ‘performance and gains’ - relative to others
• Identify the most important ‘change projects’ - based on facts
• Determine and prioritise business opportunities
Operationalise
With PI dashboards you will see daily business processing data-feeds, which
you can compare against key performance indicators. On offer are a variety
of dashboards tailored to suit C-Suite needs with drill-down options for
Operational detail.
• Quickly identify and correct negative trends and KPI lags
• Measure efficiencies and resolve inefficiencies
• Ensure organisational delivery aligns to strategic intent
These dashboards become a storyboard for your organisation
providing a visual snapshot of performance across all levels.
... this is when data is ‘meaningful’
and used to its full potential.
Any data? Yes ... any data. Here’s how it works!

4. The 7 most important
reasons why ...
even the most ‘analytical’
organisations turn to PI for support
and why you should too!
1. Your business has access to over 30 years of benchmarking experience.
2. Objectively validate your current functional performance.
3. Analyse and visualise multiple sets of data extracted from
different sources to make informed strategic decisions and plans.
4. Benefit from the enormous processing power demanded to
analyse terabyte’s of data.
5. Access market leading visualisation and rapid report output
to enhance presentations, strengthen tender responses and
explore investment and budgetry opportunities.
6. Your analysts are already overworked and they need reliable
and skilled analytical support.
7. Clearly see what is generally hidden or masked and what will
ultimately prove to be very powerful information.
Who uses this service?
Across organisations, PI dashboards are used by:
• CEOs Board Directors
• CFOs and Financial Management
• COO’s and Operational Management
• CPO’s and Supply Management
• HR Directors, Capability and Workforce Management
• Sales Marketing Performance Management
Dashboard packages can be customised for specific projects
and special requests.
Data-driven functions
• Procurement
• Supplier Management
• Finance
• HR/Workforce
Measurement
• Marketing
and ...
Data-reliant sectors
• Education
• Financial Services
• Healthcare
• Public Sector
• Retail
• Supply Chain and Logistics
• Travel
Data analytics are
especially valuable to ...
The Victorian Department of
Treasury and Finance, Strategic
Sourcing Team have been using
the PI solution since 2010. The
solution is tailored to individual
category reporting requirements
and stakeholders, and is used for
analysis of large sets of financial
system data through to vendor
reporting for State Purchasing
Contracts. These tools are
predominantly used by our
category management team to
support decision making processes
and drive efficiency savings.
Steve Grantham,
Strategic Sourcing
VIC Department of Treasury
and Finance
Address
L5, 356 Collins Street
Melbourne, Victoria
3000 Australia
Telephone
+61 03 8547 3940
Email
pi@purchasingindex.com.au
www.purchasingindex.com.au
YEARS OF
BENCHMARKING
AND DATA
ANALYTICS30