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Figures based on all 2021 sourcing activities

McCann's Objectives

Reduce time spent creating and evaluating sourcing activities

Increase visibility of sourcing process & results

Standardise sourcing process

eSourcing

Deliver greater cost savings when sourcing goods & services

Drive operational & resource efficiencies

Transparency of all sourcing activities & reported savings

McCann China partnered with oboloo to improve procurement best practice through digitalisation, drive operational efficiencies and reduce the cost of sourcing goods & services.

Prior to oboloo being introduced, there were challenges keeping up with client demands and ensuring procurement best practice across 100% of vendors in scope for financial, resource and output efficiencies.

Solution

Implemented oboloo's eSourcing, supplier, contract and savings management modules

Built several customisations to fit in with McCann's current processes as well as enhance other current ones

eSourcing

Introduced a supplier portal to have more efficient communication with suppliers

Delivered a multilingual version of the oboloo system and supplier communications

Results

  • $724K saved in 2021 (initial price received from suppliers vs final negotiated price)
  • 16% average savings across all sourcing activities
  • 631 sourcing activities created in 2021
  • Sourcing activities can now be created in minutes, not days
  • Time saved chasing suppliers for responses
  • Clear and instant supplier evaluation and analysis – suppliers can now be awarded in less time
  • Competitive bidding with clear savings
  • Permanent detailed records of sourcing activities 
Oboloo transparent
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