Procurement & Supplier Intelligence

Meridian Industrial Group · Q1 FY2024 · $34.9M Quarterly Controllable Spend

North-Star Metric

82.4%

Spend Under Management

Preferred Supplier Utilization

78.2%

↑ 2.2% vs LQ

Contract Leakage Value

$2.14M

↑ $680K vs LQ

On-Time Delivery Rate

91.8%

↓ 1.4% vs LQ

PO Cycle Time

4.7d

↓ 0.9d vs LQ

Early Payment Discount Capture

64.3%

↑ 5.1% vs LQ

Supplier Defect Rate

247ppm

↓ 18ppm vs LQ

Spend Under Management Trend – 13 Weeks

Contract Utilization by Category

Spend Concentration Index (HHI)

Supplier Scorecard – Top 12 by Spend

Supplier	Category	Quarterly Spend	OTD Rate	Defect (ppm)	Price Variance	Status
GlobalTech Solutions	IT Hardware	$4.2M	98.1%	12	−2.4%	Preferred
BridgePro Logistics	Freight & Logistics	$3.8M	87.4%	—	+6.2%	Alert
Apex Industrial Supply	MRO	$3.1M	94.6%	340	+4.1%	Watch
SteelCraft Metals	Raw Materials	$2.9M	96.3%	89	−1.1%	Preferred
Precision Components Inc	Machined Parts	$2.4M	92.7%	156	+0.3%	Preferred
PowerGen Solutions	Electrical Components	$2.1M	95.8%	67	−3.2%	Preferred
ChemCore Supplies	Chemicals	$1.9M	91.2%	423	+5.6%	Watch
PackRight Packaging	Packaging	$1.7M	97.4%	34	−1.8%	Preferred
TechServ IT Solutions	IT Services	$1.5M	89.3%	—	+1.2%	Watch
Fastenal MRO	MRO	$1.3M	93.8%	278	+3.4%	Preferred
Quality Lubricants Ltd	Lubricants	$1.1M	96.7%	54	−0.5%	Preferred
Amazon Business (Maverick)	IT Hardware	$0.7M	99.2%	—	+12.3%	Non-Contract

Price Variance by Category

Category Savings Realization

Contract Leakage – Weekly

PO Cycle Time Trend

3-Way Match Exception Rate

Invoice Exception Analysis – 13 Weeks

Top Leakage Event – Week 6

Regional Sales placed $340K IT hardware order via Amazon Business instead of preferred supplier GlobalTech Solutions. Triggered contract leakage breach.

OTD Alert – BridgePro Logistics

OTD declined from 96.1% to 87.4% after Indianapolis DC fire (Week 7). Emergency freight costs +$47K. Backup carrier activated.

MRO Price Variance

MRO category price variance +4.1% above contract baseline. Apex Industrial Supply spot pricing on non-catalog items driving variance.