Kinaxis | Strategic Procurement: comprehensive supply chain visibility provides a way to negotiate from a more informed position

Enterprises that provide their strategic procurement teams with proper tools can expect them to deliver year-over-year cost savings, close to 10 times their expenses.

This white paper will:

lists five key pieces of intelligence that enable more effective supply management and procurement planning
describes a real-life negotiation in which superior supply chain visibility and collaboration helped minimize a dramatic price like attempted by a supplier
presents a recent analyst’s report that confirms the value of strategic procurement, and describes several key characteristics of the top-performing teams... especially how they exploit technology to gather this strategic intelligence and avoid leaving money on the table.

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Five ways your procurement could be leaving money on the table

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About Kinaxis

Kinaxis delivers a cloud-based solution at the very heart of planning and response management for value chain operations. Large manufacturing companies with complex supply chain networks and volatile business environments rely on RapidResponse Control Tower for collaborative planning, continuous performance monitoring, and coordinated response to plan variances across multiple areas of the business. RapidResponse encompasses a full spectrum of supply chain related business processes, including such functions as: S&OP, supply and capacity planning, demand management, and supplier collaboration. As a result, Kinaxis customers have replaced disparate planning and performance management tools and are realizing significant operations performance breakthroughs. From a single product, customers are able to make both long-term and real-time demand and supply balancing decisions quickly, collaboratively, and in line with the shared business objectives of multiple stakeholders.