This document describes the final scope for LevaData's 23.03 Release. It is intended as a reference for LevaData Customers.
This document is not a comprehensive list of every addition, change, or deletion in this release. No legal commitment, either expressed or implied should be construed from this document.
Customers that would like additional information on any of the items in this document can contact email@example.com or their Customer Success Manager.
Table of Contents: Release Highlights
- Enhancements to Platform
- Enhancements to Spend Intelligence
- Enhancements to Opportunities
1. Enhancements to Platform
a. New Landing/Login Page
The LevaData Platform will now have a new login page which will provide information about new features to returning users as well as critical status messages if the platform is under scheduled maintenance.
b. Left Navigation Optimization
The sections of our platform are arrayed in a new left-hand navigation menu with nested options for the primary sub-sections. This should make it easier for all of our users to navigate to the specific (sub)section of the platform they want to reach in the fewest clicks possible.
c. New Loading Icon
The LevaData Platform has a new loading icon in the style of the LevaData logo which will provide a variety of more informative loading messages to users when data-intensive processes are in progress.
2. Enhancements to Spend Intelligence
a. Spend Awareness Enhancements: Filtering and Presentation
We are continuing to improve Spend Awareness to make the insights easier to review and search.
(1) The Scope Filter that is standard across the top of the LevaData Platform interface will now apply across the Spend Awareness page and more clearly indicate calendar/fiscal quarters for our users who have fiscal offsets. In addition, all presentation metrics have more clear time-series labels.
(2) The default presentation of Spend Awareness data is now arrayed to present the spend relationship between Contract Manufacturers and LevaData (Component) Manufacturers.
Timeline Selection Business Rules for Spend Awareness
When selecting time periods in the scope filter, the following rules apply and are dynamically updated in the Spend Awareness interface as soon as the selection is completed:
- If the User selects two or more time periods, then the oldest time period will be considered as the reference time period and the newest time period will be the current time period.
- If the user selects only one time period, then the system will consider it as the current time period and relative previous time period will be considered the reference period.
- The Current and Reference time period will always be in the same unit of time, i.e comparison will be between Year-over-Year (YoY) or Quarter-over-Quarter (QoQ).
- If the user selects multiple units of time, then quarter will take precedence over year.
In the example above, the user has selected Q3 2022, Q4 2022, and Q1 2023.
- Following rule 1 above, the oldest time period (Q3 2022) is the reference time period and the newest time period (Q1 2023) is the current time period.
- Following rule 4 above, since the user has selected both years and quarters, quarters take precedence and are used for the comparison.
If the user had only selected 2023 and 2022, then Year 2023 would be the current time period and Year 2022 would be the reference time period:
b. New Savings Awareness
Within Spend Intelligence, the new Savings Awareness page will present a dashboard view of where change in spend was caused by prices staying flat, increasing, or decreasing. Users can pick from the [View by] dropdown list of values across various tables to further investigate CPNs and MPNs for spend optimization.
Upper Section of Savings Awareness
(1) Spend by Change in Cost is a doughnut graph breakout of the amount of MPN spend where costs Increased (Red), Decreased (Green), or Stayed Flat (Grey).
(2) Spend by Change in Cost Timeline is a bar chart time-series view of the information in the doughnut chart over multiple time periods. If the user hovers over one of those quarters in the vertical space above the graph they can see a pop-out tooltip summary of the data:
(3) Spend Change Breakdown Table with View by Selection highlighted. This table is meant to provide perspective across a variety of metrics to identify where the most cost changes occurred.
Clicking through the first three data elements filters each subsequent display. Deselecting your exact choices or refreshing the page will reset the overall display.
For example, above, when looking at the selected annual 2023 data, (1) clicking the red segment of the doughnut chart will filter the rest of the data to only show the spend with cost increase. Clicking (2) 2023'Q1 will filter the table down to only the values from that quarter. When viewing (3) the table by Commodity View we can see what commodities are driving our spend increase and that they equal the amount in the total spend increase for the quarter. In this example, we would want to examine Semiconductors further to determine the cause of these cost increases.
Middle Section of Savings Awareness
(4) Savings by Commodity is a doughnut breakout which allows you to view by MPN or CPN Savings with total amount and percent amount. If you applied filters in the upper section, it would apply to this section as well. If you choose MPN or CPN Savings here, it will apply the same filter to the (5) Timeline View.
(5) Savings by Commodity Timeline is a bar chart time-series view of the information in the doughnut chart over multiple time periods.
(6) Savings Change Breakdown Table with View by perspective is meant to help understand where the most cost savings occurred. All of these columns are click-sortable (e.g. Descending Amount of CPN Savings):
Lower Section of Savings Awareness
(7) View by Spend and Savings Detail Table is filtered by your previous choices in the above 6 Savings Awareness dashboard elements.
Previously the platform used to have Global / Site Level for Spend and Savings Details, now there is CPN Cost and CM CPN Cost (as noted in the table subtitle).
- CPN Cost is equivalent to the previous Global, in that each part level is the same across all CM/ODMs.
- CM CPN Cost is equivalent to the previous Site, in that each part level is calculated at each CM's site.
Collective Use of Savings Awareness
Using the entire dashboard and table information holistically is the ultimate goal to uncovering savings with this tool. The view by options gives you many ways to slice the data.
Examining (1) spend increases for (2) the 2023'Q1 quarter and (3) drilling into the highest commodity by cost increase spend (e.g. Semiconductors) allows you to drill into what parts are driving that cost increase.
In the middle section you can (4) view by CPN Savings and then (5) View by Commodity Manager to see Cost Increases/Decreases and determine who may need to renegotiate with a specific Manufacturer, for this example we'll (6) pick Dan because he has the highest level of spend with cost increase.
The View Spend and Savings Detail Table with (7) CPN Cost will display the global costs and now one can review the parts which Dan the commodity manager controls which had spend increases in 2023'Q1.
c. Consolidation of Cost and Forecast Tables
Spend Intelligence previously had numerous sets of cost and forecast tables. All of this data is now presented in a single page each for Cost Detail and Forecast Detail with the ability to select a dropdown list of values to filter the core interface for both tables.
Each of the primary Cost Tables can be (1) toggled with the dropdown list and the CPN Savings % has similar options on the left.
When selecting a given sub-item like (2) Commodity: Mechanicals, then the Cost Table will be filtered to that value but also scrolling further down to the Master Cost Table will also be filtered to Mechanicals Parts:
Within Forecast Detail, users can (1) pick their View for the doughnut chart, much like the previous dashboards, and see total forecasted units in the center figure with the items that add up to it arrayed in the circle around.
(2) Selecting an element in this case Commodity: Passives filters the rest of the information so the user can (3) hover over to view detail or select a quarter, or (4) compare forecast information across quarters with this filter selected at the top of the interface (in this example, we've selected 2023[Q1,Q2,Q3] and those are all visible). If the user picks just one quarter in the timeline view, the forecast table will be restricted to just that quarter.
A commodity manager may want to review the forecast vs. actual demand for the parts they manage in the LevaData Platform. In this example, Matt the commodity manager would view by commodity manager and select his own name to filter the subsequent data.
Matt can now see the Forecast vs. Actual Demand for parts under his management:
Spend and Savings Impact based on Forecast vs Actual Demand:
and Component Forecast Details:
Allowing him to review his Forecast information from a variety of dimensions.
3. Enhancements to Opportunities
a. New Opportunity Awareness
Opportunity Awareness is a redesigned opportunity insight feature that streamlines opportunity types and permits user configuration and filtering to make opportunities easier to understand and achieve.
Like Review Opportunities, which is now positioned in the adjacent area of the layout under Opportunities, the Opportunity Awareness dashboard is setup to display opportunities only in future quarters.
In the top left, the (1) $ Savings Opportunity will be the sum total for all future quarters selected by the user. Using the time filter at the top of the interface will allow you to drill down if you need to.
The top middle bar chart presents (2) comparison between external and internal savings opportunities.
- External opportunities are those which arise from price differences between your loaded pricing and competitive market/benchmark pricing.
- Internal opportunities are those where your pricing data has lower costs in specific areas of your sourcing strategy which may be replicable elsewhere.
The (3) Unique MPN / CPN count which have opportunities is displayed in the top right and will be the sum total for all quarters selected by the user.
Users can review opportunities in summary view by (4) Sub Commodity, Contract Manufacturer, or Manufacturer.
(5) Commodity Manager view allows users to see who has and hasn't reviewed upcoming opportunities, and what levels of opportunity they have accepted or rejected.
(6) Clicking into the controls or the arrow in the upper right allows users to search and filter this dashboard.
In this example, after we have filtered to internal, we can scroll down to the Detail $ Savings Opportunity View where we can see these in-house internal opportunities for part cost savings isolated row-by-row and make determinations on which of these savings can be applied to our broader supply chain.
As noted at the very bottom of the table, Opportunity Awareness data is refreshed once per 24-hour period.