Input cost monitoring and risk mitigation

Input Cost & Risk

The extended role of procurement in recent years also demands a new way of thinking about analytics. When driving pure cost savings does not meet the responsibility of the business function any longer, our combinatorial analytics approach allows our clients to close the gap. By enriching spend data with external information, Spendscape provides a holistic perspective on supply chain risks and ESG factors, as well as cost drivers.

Aparna Keswani, Manager of Solution Delivery

HOW WE SUPPORT YOU WITH INPUT COST MONITORING

Navigate market volatility with Input Cost Monitoring - to leverage negotiation opportunity and manage price increase risk

Manage portfolio volatility
Rapidly build cost models linked to indices
Leverage negotiating opportunities
Mitigate inflation risk
Get a material overview
Monitor price developments and gaps to fair market price over time

HOW WE SUPPORT YOU WITH RISK ANALYTICS

Identify supplier related risks and impact on the procurement portfolio - to take proactive measures to mitigate or avoid supply chain disruptions

Understand supplier exposure
Identify highly exposed categories
Combine structural and supplier related risk
Identify Materials at risk
Understand geographical impact
Take ownership of your data

Case Studies

Input Cost Monitoring helped a F&B retailer understand risks and respond to price escalation requests
Input Cost Monitoring helped an electric utility company understand cost drivers from key categories 
 
7-9% top down savings opportunity identified for a Global Grocery retailer using Input Cost Monitoring