A well-managed procurement decision process allows you to determine optimum supply quantities with respect to your stock policies and purchase the appropriate amount of material at the appropriate time.
Gain visibility over your short-, mid- and long-term material stock projection and analyze the projected material requirements accordingly.
See the effects of material purchases on your end product orders and forecasts, and easily analyze the shortages.
Make the optimal purchase plan easily by evaluating supply risks and taking real-life supply disruptions into consideration along your decisions.
Create and manage purchase orders with respect to order prioritization, forecast and replenishment policies.
Analyze and minimize the cost of material supply by optimized plans.
Assess the opportunities with respect to purchases.
A company producing electronic appliances was frequently facing disruptions in their production flow. Because of the disruptions, they often had backorders, resulting in worsened customer experience.
ICRON CCP monitored the orders that will most likely be late beforehand and reduced backorders 20% by helping them take precautions.
An FMCG company, that has grown rapidly in the last year, was having trouble meeting higher than forecasted customer demand. Poorly made purchasing and inventory plans were often leading to stock-outs, resulting in decrease in customer satisfaction.
ICRON CCP generated optimal purchasing plans and reduced stock-out 8%.
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