Initial Situation
Too many vendors for similar categories, no visibility into order data by vendor, management wants to consolidate purchase volume and improve terms, manual vendor analysis is time-consuming
Your Solution with simple system
- Procurement analytics show orders by vendor and category
- Identification of vendor redundancies
- Volume bundling easily identified
- Comparative analyses for negotiations
- Exportable reports for vendor dialogues
Your Benefit
- Time savings: Automatic vendor analyses replace manual research
- EBIT impact: +15-25% cost reduction through vendor consolidation