$290,000
Total Value
$275,000
94.8% of contract
$21,750
Savings Available
$14,500
66.7% efficiency
Actionable Outcomes
Specific data points required to deliver expected outcomes
1Deliver Cost Savings
Potential Recovery: $21,750
Competitive bidding and supplier consolidation could reduce costs by 7.5%.
2Drive Efficiency Gains
Unified ordering platform could streamline procurement processes.
Contract: Net 30
Average Time to Pay: 29 days
3Reduce Business Risk
Risk Level: Low
Secondary supplier with good pricing but limited product range.
SLA Performance - Order Accuracy
Optimization Insights
Cost Savings
$21,750
Competitive bidding and supplier consolidation could reduce costs by 7.5%.
Efficiency Gains
Unified ordering platform could streamline procurement processes.
Risk Reduction
Consider primary supplier consolidation opportunities.
Spend Analysis
Monthly Spend Trend
Contract Value: $290,000
Key Metrics
Total Contract Value
$290,000
Total Invoiced
$275,000
Spend Ratio
94.8%
Number of Contracts
1
Contracts
| Contract Name | Period | Value | Payment Terms | SLA Status |
|---|---|---|---|---|
Office Depot Business Services 2024 contract-officedepot-001 | Jan 1, 2024 - Dec 31, 2024 | $290,000 | Net 30 | Met |
Office Depot Business Services 2024
contract-officedepot-001
Period
Jan 1, 2024 - Dec 31, 2024
Value
$290,000
Payment Terms
Net 30
Recent Invoices
| Invoice ID | Date | Amount | Status | Days to Pay | Contract ID |
|---|---|---|---|---|---|
inv-officedepot-002 contract-officedepot-001 | Apr 30, 2024 | $68,750 | Paid | 30 days | contract-officedepot-001 |
inv-officedepot-001 contract-officedepot-001 | Jan 31, 2024 | $72,500 | Paid | 28 days | contract-officedepot-001 |
inv-officedepot-002
Apr 30, 2024
Amount
$68,750
Days to Pay
30 days
Contract
contract-officedepot-001
inv-officedepot-001
Jan 31, 2024
Amount
$72,500
Days to Pay
28 days
Contract
contract-officedepot-001