Integrated Material Cost Management
Integrated Material Cost Management solves disparate data issues, and drives savings insights.
The solution analyzes purchasing, sales forecasting and actual spend data in real-time, and present buyers with actionable price reduction opportunities.
The solution also reduces data gathering and follow-up overhead, and guides enterprise functions through the process.
- Visibility into actual and future supplier spend by commodity
- Pre-populate site price reduction initiation forms with part, price breakdown and volume data
- Price reduction negotiation and approval workflow