McCann Worldgroup China eSourcing Case Study
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