ROI CALCULATOR
Better understand how LVRG can increase your team's potential savings by entering numbers for your organization in the empty fields. Industry standards are shown, but vary depending on your team's goals.
Supplier Information Management
Potential Savings: $0
How much can you save with Supplier Information Management (SIM)
Total Number of Suppliers
?
Average cost to manage a supplier
?
$
What % savings can be expected
?
%
Potential Savings: $0
Supplier Performance Management
Potential Savings: $0
How much can you save with Supplier Performance Management (SPM)
Total spend with suppliers (indirect or direct)
?
$
What % of your spend is with critical suppliers
?
%
What % is lost due to poor supplier quality
?
%
What % savings can be expected from SPM
?
%
Potential Savings: $0
Rebate Program
Potential Savings: $0
How much can you save by instituting an automatic rebate program
Average Purchase Order value
?
$
Total Number of Suppliers
?
Average Purchase Orders per year per supplier
?
Average amount of noncompliant Purchase Orders per supplier
?
%
Typical chargeback
?
%
Potential Savings: $0
Contract Lifecycle
Potential Savings: $0
How much can you save in the entire contract lifecycle
Number of contracts created or renewed per year
?
Average hourly rate of a contract administrator
?
$
How much more efficient can contract lifecycle management make you
?
%
From creation to execution how many weeks do you spend on contracts
?
