Buying terms live in a folder and in one buyer’s head
Buying terms sit in a folder and in one buyer's memory.
Agreed terms are not applied consistently
ProductParts X
Supplier & Procurement Management
Manage suppliers, buying terms and procurement in one connected workflow.
Supplier & Procurement Management exists to move one number: Improve Margin. Price to the market and stop the leaks you cannot currently see. Every AF-X product names the outcome it is there to move before it lists anything it does, and reports against that number once it is live.
Where buying terms stop being enforced.
Three problems, in the words the buyer uses.
The same line is bought at three different prices
The same line is bought at several different prices.
Buying power is never used
Nobody measures whether a supplier delivers on time
Delivery and accuracy are not tracked.
Poor suppliers keep the business
WHAT IT DOES
7 things it does.
Hold buying terms as data and apply them on every order. Suppliers are measured on what they deliver, not what they promised.
Supplier register with terms, rebates and agreementsTerms and rebates held against the supplier, not in a folder.
Purchase requisition, order and confirmationBuying follows a route from request to confirmed order.
Landed-cost calculation per lineThe real cost of a line, including getting it here.
Goods-in matching against the order and the invoiceWhat arrived, what was ordered and what was billed, matched.
Supplier performance: fill rate, lead time, price driftSuppliers measured on delivery, not on their terms.
Buying-group and consortium pricingGroup and consortium rates applied where they apply.
Approval workflow by value and categoryLarger commitments route to the right approver.
Terms actually applied
Lower landed cost
Measured suppliers
“Built for buying terms that hold.”
HOW IT FITS WHAT YOU ALREADY RUN
Bolts onto the system you run the business on.
Keep your core systems in charge.
Applies the supplier terms and rebates you already hold to every order, matches goods-in against the order and the invoice, and posts landed cost to your finance system.
Supplier & Procurement Management reads from and writes back to:
- The purchasing system you run on
- Supplier terms and rebate data
- Goods-in matching and finance posting
Connected systemsConnected
PRODUCTSupplier & Procurement ManagementWorks with what you already run
The purchasing system you run on
Supplier terms and rebate data
Goods-in matching and finance posting
