A Latin American mining group achieved full spend transparency across $5.8 billion in annual spending by consolidating data from 111 company codes and 18,000 suppliers. Using Spendscape, they built a comprehensive spend cube with 90% categorization, uncovering up to $340 million in potential value to optimize their category sourcing strategy.
A Latin America-based company in the Global Energy & Materials sector, with $6.6 billion revenue in 2024, led a successful Spendscape deployment, achieving 90% spend categorization to Level 4, training 50 users, and uncovering $340 million in potential opportunities.
Our solution
Unlocking Opportunities with Transparency
Using SAP, Alteryx, and Spendscape, the mining group standardized and categorized spend data with over 17,000 rules, achieving a 90% categorization rate, surpassing the initial target of 85%. Within 15 days, 15 dashboards were implemented, providing customized views for both the corporate center and all the business units. More than 50 users in centers of excellence worldwide were trained to refine the taxonomy and analyze opportunities. The consolidated spend cube revealed procurement savings opportunities worth up to $340 million, including $70 million in capital expenditure and $270 million in operating expenditure, driving strategic sourcing and value capture.