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overcome sourcing challenges and mitigate procurement risks.
With in-depth insights on developments in demand and supply markets, we help clients assess developments in the supply market, estimate current and future commodity prices, and also identify emerging low-cost sourcing destinations and key benefits.
Following a meticulous process of categorizing and analyzing spend drivers, we devise optimal sourcing plans & assist businesses in identifying saving opportunities, mapping common attributes of suppliers and commodities, and in improving spend practices.
Deriving deep insights across supply chain tiers, we provide our clients with seamless, proactive insights to take informed decisions, and also help them in devising action plans to mitigate potential risks and avoid negative impacts on the company’s performance.
Our strategic procurement and category management solutions help clients to forecast category prices, devise category strategy execution roadmap and implement risk mitigation measures, and also identify the best available alternative strategies and sourcing best practices.
The client was able to use our price forecasting dashboard to obtain real-time prices and obtain forecast for 12 month period. The model also allowed them to identify key drivers with maximum impact on the prices of Silicone