Gaining insight into The production VS The prototype
While a majority of large organizations have set a target, many teams struggle to take that first step toward gaining insight into the production VS the prototype concept. Those who take that first step often spend on software subscriptions before being aware of the requirements or fail to reconcile emissions reporting categories with procurement spend categories to create an actionable plan. AQM BD gives a low-cost, fast initial view of your organization’s sourcing issues.
“The main challenge of tackling sourcing issues, resides in collecting, collating, and maintaining data. AQM BD’s services enable organizations to kick start their sourcing and procurement journey, while accompanying them throughout the whole process.”
Waiting for perfect data means waiting a long time
The data that sits behind decarbonization can confuse. Business leaders want to get to granular measurable data, but such is the nature of emissions that is not possible in the first instance. This data challenge must be solved in short steps, the first of which is often applying a spend-based method using ‘emissions factors’ as a proxy for actual emissions. This relies on having clean data mapped to emissions factors and a view of what reporting is valuable. AQM BD’s emissions visibility service gives you this out of the box;
- Categorization engine to cleanse data and create a procurement and GHG protocol lens
- Emissions factor mapping to quickly estimate emissions by supplier/ spend area
- Reporting out of the box and “what this means” consultation.
How do you get good results
With our dedicated procurement analytics team, we have built the capability to handle many data sets every year. Our team will outline what data we require and facilitate its collection; we will then cleanse, categorize, and apply emissions factors. This will produce results that can be viewed through the lens of sourcing. The accompanying visuals give insights into hotspots at a supplier and subcategory level.
- Fast analysis, taking you from data to dashboard in days
- Consultation to walk through hotspots and potential cost exposures
- Can be supplemented by Benchmarks and specialist advisory support.