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Intro to
SPRing – why we need to work on chemicals procurement now
What it is
SPRing (Strategic Procurement for Raw Materials) is an end-to-end digital platform for direct raw material procurement, combining market insights, supplier economics and carbon footprint intelligence with spend analytics to identify, capture, and sustain value across the procurement lifecycle
How it works
SPRing Implementation follows a proven, structured approach based on Orpheus, balancing sustainable analytics setup with fast-paced early insights
Gen-AI and machine-learning based SPRing categorizer can identify and categorize spend data with a click
SPRing cleansheet library provides strong fact base for upcoming supplier negotitations with the latest market insights
SPRing Dashboard helps understand spend by category and accelerate diagnostic analyses including index and cleansheet
SPRing market analytics are enabled by a curated set of proprietary McKinsey
assets and 3rd party databases
What the output looks like
Supplier and market exposure
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Price-index adherence
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Contract and formula evaluation
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Market-linked cleansheeting
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Spec-based clustering
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Opportunity identification
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Here are some client examples
Advanced materials client: Delivering ~11% direct procurement impact through a SPRing-led, holistic transformation
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Specialty chemicals merger: Deep categorization revealed 3-4% integration synergies on resins and additives
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Global specialty chemicals player: SPRing diagnostic identified 4%+ savings potential
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Global tier 1 auto supplier: SPRing provides fact base via cleansheets to accelerate value capture
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Textile chemicals: SPRing diagnostic identified 10%+ savings for a textile chemicals company
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Specialty films manufacturer:
$9-13M impact from SPRing-led procurement transformation
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Advanced materials leader: SPRing diagnostic identified
7-10%+ savings on raw materials
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By working with us, you will have 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.