Cost-Savings-Toolbox
The toolbox that procurement teams have been waiting for: Our Cost Savings Toolbox constantly analyses and interprets internal and external data sets to identify new potential and alert procurement organizations to any risks.
Identify cost saving potentials
and risks in real time.
Automated Cost-Saving-Tools
Make full use of the tools in our software to generate your savings.
- Dual- and Multiple Sourcing
- Currency Clawback & Risk
- LPP (Linear Pricing Performance)
- Localization Opportunities
- Raw Material Clawback & Risk
- Energy Cost Clawback & Risk
- Benchmark, Quote Comparison
- Manufacturing Part Number Analysis
- Cost Model Target Analysis
- Payment Terms & Cash Flow Analysis
User Notification
Our system proactively notifies users as soon as a new savings opportunity is identified. Each automatically identified initiative is fully calculated and visualized for the user. The result: a clear list of savings initiatives that you can use for the next supplier negotiation.
Saving Potentials and Risk Lists
Our system provides an overview of all potentials and risks in real time – whether at supplier, product group or part number level. This also enables you to immediately understand the effects on your procurement in the event of material price changes and to take appropriate measures.
Your Benefits
- Complete control over dynamic markets and the resulting effects on your own procurement
- Solid basis for procurement strategies and supplier negotiations
- Support in the strategic planning of your purchasing goals
- Automated market monitoring thanks to intelligent software
„I’ve been using the ivoflow platform for several months now and it has exceeded my expectations. The user-friendly interface, customizable dashboards and accurate data reporting have made analyzing our business performance a breeze. I highly recommend this tool to anyone looking for a reliable, efficient and moreover intelligent procurement analytics solution.“
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Let our experts show you how ivoflow enables you to take your procurement to the next level.
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Want to know more
about our procurement solution?
Let us show you how ivoflow can support your business. We are ready to showcase our procurement management system. Together we will find the perfect solution for your company. Feel free to give us a call or e-mail us today!
