Consortium Purchasing

Tools to Collaborate and Save

Collaboration amongst multiple supply chain organizations with common materials, commodities, and/or services can generate millions of dollars in savings and reduce. A key component to this process is having the technology to make and support the decisions.

Technology Insight provides the tools needed for a company to start its own consortium purchasing group.

Technology Insight’s Consortium Purchasing Solution Includes:

• Detailed analysis to understand common materials, commodities, and suppliers to target opportunities with the greatest savings potential.
• 100% visibility on what each member pays for materials for overseeing member.
• Ability for any member to analyze their data only.
• Reports that enable each member to see the % their data represents to the consortium for any given material, commodity, or service.
• Contract compliance monitoring to ensure members are receiving and paying the new, negotiated price.
• And much more.

Next Steps

Contact Us for more information or to arrange a demonstration.