SOLUTIONS

Supply Chain


Every day, Procurement and Supply Chain managers like you have to do more with less.

Opera focuses on the more.


More visibility. More flexibility. More insight. More savings.

These are just some of the "mores" that Opera Solutions delivers for procurement and supply chain management. Whether we're helping you predict and manage risks, improve working capital utilization, or optimize procurement, our ability to integrate and structure your vast global flow of data and then apply advanced analytics to it simply delivers more.

Take procurement. Every year hundreds of billions of dollars are left on the table — because it's a table that's tilted in favor of suppliers. That's because they have more information and knowledge to guide them — such as more extensive benchmarks. Or specs and demand data you can't access. Or detailed views of opaque or hard-to-structure categories.

But Opera can help tilt the tables your way — with more data, more insights, and less risk to you. Our track record speaks for itself: our professionals have, in all, worked with a diverse set of hundreds of companies and industries, focusing on indirect and direct spend, and applying deep expertise in more than 100 spend categories.

We provide end-to-end services, and often work on a business impact or gain-share basis, which means a portion of our compensation is tied to the savings we produce for you. It also means that most of our assignments are self-funding.

Find out more about what makes our services different by clicking on the links below.
It all starts with data — getting more of it, getting more from it, and getting all this very quickly. To find out how we do it and how it can pay off for you, click here.
The more you know about your spend, at the most granular level possible, the more you can save. So we gather more information — from your internal systems AND suppliers (who often have it on a much more detailed level than you do). Then we structure and process all internal and external data quickly: using Opera's proprietary technology, our data specialists rapidly create clean, analysis-ready datasets from your less than perfect, far-flung information. They're aided by the powerful automated data integration, cleaning, and structuring capabilities of our Vektor™ Big Data analytics and signals processing platform. Vektor uses universal "connectors" to gather the data from your system, so we can extract and create integrated datasets quickly, with low disruption and high efficiency. In less than six weeks from receiving data, Opera typically reaches near 100% visibility into your spend.



The next step is rapid and granular analysis that drives insights you could never imagine. And that takes some singularly powerful technology that lets us slice, dice, and save at the speed of thought. Click to read on...
When you're talking analysis and insights, we have to talk BIQ™. It's our in-memory data discovery tool that lets our analysts instantly and iteratively progress from higher-level AP invoice data into detailed drill-downs and invoice-line-item spend data. BIQ's support for at-the-speed-of-thought analyses pushes insights far beyond the usual "by commodity, by business unit, by geography, by GL code" norm. And that means we can find more savings, more quickly.



And now there's something waiting in the wings that will transform procurement optimization and supply chain management forever. Learn more about what's in store by clicking here.
We are breaking new ground with our next generation offering: the Opera Spend Intelligence Platform (SIP). SIP is a new and revolutionary way to create an infrastructure of intelligence for your procurement organization. A cloud-based procurement intelligence hub, powered by Opera's Vektor™ Big Data analytics and signal processing platform, SIP assembles and integrates a stream of enterprise data with external market information, and then applies Opera's proprietary analytics, technology, and category insights. SIP's intelligence is on-demand, user-specific, and streamed to your procurement professionals' desktops through an advanced interface. You spend less time analyzing the data and more time on actionable intelligence, directly leading to positive results. In the near future, SIP will incorporate predictive supplier risk analysis and critical intelligence, empowering your teams to avert risks and plan alternate strategies.



More data, more insights, more cutting-edge solutions. In a world where you have to do more all the time, how could we offer you anything less?

Click on the case studies to learn about some of our hundreds of successful supply chain assignments.

Case Studies

20% Savings Are Something to Advertise

Advertising services are opaque and hard to compare — in other words, just the type of challenge we thrive on. Our innovative category schema and subsequent insights yielded 20% savings as well as ongoing visibility.

They Thought They Didn't Rate...They Were Wrong.

Since there were only three credit information bureaus (and having the information was so critical) our client thought they had no leverage to reduce what they were paying. Opera generated alternate purchasing scenarios that, when the bureaus saw them, rated our client savings of about 15%.

Deeper Spend Visiblity Yields Broader Savings

A consultant to the healthcare industry needed to find ways to save their client $50MM over three years. Opera's Vektor Spend Intelligence services yielded significant savings that far exceeded the goal.

The Road Best Traveled.

Our client was being driven to distraction looking for savings along their 1,000+ European trucking routes. Even a sealed-bid auction saved just 1%. But when Opera ran 11 eAuctions, we drove down costs 12%. When we moved on to supplier renegotiations, we added another 29%.

The Squeaky Microprocessor Gets the Grease.

It pays to speak up, because even in the middle of a contract there's a way to get better performance for less. That's what our client found out when Opera reverse-engineered their IT management vendor's economics and renegotiated terms. They also found a positive savings impact of $585MM.


Papers

Procurement Analytics: Reducing Costs All Along the Supply Chain

Armed with decades of experience, Opera's supply chain management experts use world-class techniques to gather, cleanse, and normalize spend data. But that's not all, Opera goes even further with our in-depth domain knowledge and detailed drill downs into invoice line-item spend data, which fleshes out all of the opportunities for your business.

Marketing and Advertising: Finding Savings Opportunities in Agency Spend

The cost of advertising goes far beyond what's spent on media. Today, analytic techniques can identify savings opportunities in marketing outlays ranging from staffing to materials purchases.

Procurement Optimization: Increasing Visibility and Maximizing Savings

Opera's Insight Cube technology provides granular information on spending right down to the invoice level — information most companies never have had in such accurate, actionable detail.

Supply Chain: Improving Performance in Pricing, Planning, and Sourcing (UK)

In this opinion paper, Nigel Issa, who leads Opera's European Supply Chain Solutions group, details why supply chain teams need to seek an advanced analytics capability to create P&L-impacting visibility into their operations.

Procurement Optimization: Achieving Rapid Results for New CFOs

For new CFOs, the first 100 days can define the rest of their tenure. Opera can help CFOs get started on the right foot by focusing on two key drivers of tangible profit improvement.

Supply Chain: Making Mergers Work

With approximately half of all mergers failing to break their forecasted savings and revenue increases, Opera has been able to place laser-sharp focus on two elements that can bring in the right kinds of cash flows

More About BIQ™

BIQ was developed to make the analysis of large, complex data sets easier for business users. With just a couple of clicks, BIQ has made slicing and dicing massive data sets a reality.


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