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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
     

  • 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
     

  • 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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