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What it is
GPE360 is a web-enabled, integrated yet modular diagnostic tool that offers a comprehensive assessment of the procurement function, along with estimating the value at stake for an operating model transformation.
Here is a demo
How it works
1. Baseline surveys with around 100 quantitative and qualitative questions
- Chief procurement officer (or equivalent) baseline survey with a more qualitative focus, including:
- Strategies and approaches
- Risk management - Staff member survey (requires 1 response) with a more quantitative focus, including:
- Number of suppliers
- Total spend
2. Chief procurement officer (or equivalent) 2-hour interview
Structured interview comprised of 36 qualitative questions conducted by a McKinsey purchasing expert with topics across:
- Category management and execution
- Capabilities and culture
- Structure and systems
- Overall corporate performance
3. Evaluation across key metrics
Efficiency
Quality
Cycle time
Compliance
Payment terms
Capability building
What the output looks like
Overall maturity score
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Key areas of opportunity across the page object model framework
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Maturity assessment by sub-function
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Digital maturity
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Procurement performance benchmarking
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Future state definition and prioritized list of actionable opportunities
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What the GPE360 team has accomplished…
1600
purchasing and supply management engagements over the last 5 years
>95%
confidence level of statistically correlated and validated results
1900+
procurement maturity data points available
200+
certified interviewers across the globe
150+
questions asked to different stakeholders
Here is a client example
Transformed procurement activities for a global chemicals company, realizing more than $15 million in annual savings
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Deploying GPE360 provides access to …
Experts
Our industry and functional experts will be on the ground where and when you need them.
Helpdesk
Our helpdesk will keep doors open and commit to addressing your concerns efficiently and effectively.
Training
We offer coaching and build capabilities for your teams to deliver sustained improvements.
Implementation
We partner with you and co-create a firm path to implementation as part of the project.