By managing all product sourcing, ProcureWise enables brands to efficiently and effectively maximize the value they receive from suppliers.
We accomplish this by:
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Conduct the RFP process, bid analysis and review, and contract negotiations
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Develop/execute purchasing strategies for products including monitoring macro trends in supplier base, implementing plans to react, and developing/executing purchasing strategies for products
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Identify and realize cost-savings and cost-reduction opportunities
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Minimizes risk of supply disruption
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Identify supply and supplier issues. Analyzes information to assess root cause, improvement opportunities, and associated risk
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Develop solutions to resolve supply issues
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Build strategic relationships
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Monitor purchasing performance
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Participate in S&OP process and coordinates supplier's production to meet demand
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Monitor supplier performance and complete supplier scorecard.
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