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Procurement Intelligence Is a Question of Systematics
Today, access to data is apparently unlimited. The number of reports in the purchasing process in some locations is so high that a substantial part of them remains unconsidered. What is the compressed information for your success as a purchaser?
Prices are relative – high, low, reasonable or irrelevant
Certainly, within the area of the purchase of MROs, a high degree of attention is paid to processes. For years, we have taken care of this with our e-procurement components. The prices of individual products, materials and service units are thereby often neglected. Wrongly. Every little bit helps, particularly if it arises in a large quantity. This also applies to this procurement sector.
An additional reason to attend to prices is justified in the fact that we no longer only purchase pencils with e-procurement. There is a rapid increase in the portion of procurement processes in self-service with a purchase order value of over 5,000 Euros for each order and single position values of over 1,000 Euros. If you still consider that market prices are quite dynamic, deviate regionally, etc., you will want to use Metrics as a reference for this.
Whether you use it to obtain better conditions, to avoid compliance risks or to evaluate your suppliers remains your decision. Metrics is a system that you may employ with great efficiency, particularly in connection with processes of direct inquiry, BANF, bid invitations or the integration of purchasing service providers.
Knowledge at the right time, at the right place – that is Procurement Intelligence
Metrics is purely an SaaS application, which you may integrate by API into almost any e-procurement system landscape – not only that of WALLMEDIEN. Ask us for the interface to your system.