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.
Our 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.