The Procurement Spend Management Challenge
For ongoing pallet category spend management, custom purchasers reactively manage spend if they hear
lumber pricing has dropped recently or receive an unsolicited bid for a lower pallet price which
triggers them to ask for price reductions from their current vendor or go with the new supplier
who's promised lower pricing.
The decision making is reactive, and the relevant data is sparse. Typical responses as to whether a supplier has performed in the past is anecdotal and imprecise. For the highest volume purchasers, there's typically no standardized ordering process, leading to over-stocked or under-stocked facilities, and downstream of this is poor cash flow management.
The decision making is reactive, and the relevant data is sparse. Typical responses as to whether a supplier has performed in the past is anecdotal and imprecise. For the highest volume purchasers, there's typically no standardized ordering process, leading to over-stocked or under-stocked facilities, and downstream of this is poor cash flow management.
Real-Time
Data Access
Proactive
Decision Making
Complete
SKU Clarity
All Locations
Spend Overview
