Procure-To-Pay Platform.

Productivity = Savings generated through 3-Bid Average process

myBUY

Tactical Buy (myBUY) Productivity: PY baseline cost can be established and a 3-bid average rule is used. YoY Productivity can be reported only if BU vetted and reduced its budget by the amount of reported Tactical Buy savings

Benefits:

• Channeling spend to “Preferred” suppliers and tracking leakage
• Enforcing myBUY Framework of bidding anything not a “Preferred” supplier
• Providing Category Owners visibility into the spend to drive RFPs or Supplier Consolidation
• Improving our cost modeling to strengthen negotiations