OUR SERVICES
Highly Qualified Procurement Database
Extracting value from purchasing data buried in various IT systems.
+5M
historical prices
+130
historical markets
Experience across many organizations makes it clear: owning truly qualified purchasing data — both granular and accurate — remains a major challenge.
Granular data means complete information on every purchase line:
Accurate data, above all: the gap is often significant between prices negotiated in a contract and the prices actually invoiced and then paid over the course of the relationship.
REDUCIO offers to handle this very laborious work of collection, cleaning and analysis at competitive costs thanks to our experience, tools and methods developed over time.
Here are some examples of analysis:
- Evolution of spend by segment / site / country etc.
- Verification of invoiced prices versus order prices, contract prices, negotiated price lists, etc.
- Evolution of its cost indicators versus market benchmarks.
- Classification of all purchases within Kraljic matrix.
- SRM (Supplier Relationship Management) database enrichment with contacts (people, addresses, tel., email, etc.), VAT, IBAN, identification number, and certificates