Software for purchasing optimization
How can I optimize the procurement process? What are the potential savings for my company? Why is purchasing optimization so important? In the area of purchasing optimization, many companies have great potential for increasing efficiency. Appropriate software helps to optimize processes and thus achieve cost savings and quality improvements. REMIRA provides you with such AI-based purchasing optimization tools.
Purchasing optimization helps to succeed
Purchasing optimization takes place at the very beginning of the supply chain and describes the holistic and overarching processes within a company that lead to savings in procurement and purchasing. This is the only way to reduce procurement costs and keep the company competitive. The right strategy in purchasing can sometimes determine the success of a company. Nowadays, it is no longer just a matter of setting one-dimensional goals, but rather of increasing the company's added value. To achieve this, resources must be converted into products or services in order to generate profit. The procurement of resources should be as effective and efficient as possible. In the entire process of purchasing optimization, people, processes and technologies work closely together.
REMIRA Software helps you to optimize your purchasing and supports you in the realization of your individual purchasing strategy. In this way, you make the daily work of your company's buyers easier, because optimal strategic decisions can only be made through detailed analysis and intensive internal communication.
Sales forecasts as a basis
An important aspect with regard to strategic purchasing is sales forecasts. Reliable forecasts help to avoid unnecessary safety stocks, tied-up capital, write-offs and spoilage of goods. When it comes to strategic purchasing planning, forecasts support you with the right metrics so you don't have to rely on your gut feeling. In addition to purchasing optimization software, however, company processes and tactics, as well as budget decisions, also play an important role. Strategic decisions cannot be made without detailed analysis and intensive internal communication. Procurement decisions must be made in consultation with production, logistics and product development, as well as distribution and sales. Only if all processes are interlinked can the entire supply chain be improved and waste of resources avoided.
Thanks to the precise, comprehensive sales forecasts of our software for purchasing optimization, companies from trade and industry are well equipped to meet the many challenges of modern replenishment and are always able to react to changes at short notice. REMIRA LOGOMATE calculates its forecasts for the future from all relevant data and factors. Among other things, the following are taken into account:
- Short-, medium- and long-term sales effects
- Sporadic consumption
- Rising or falling trends
- One-off outliers
- Seasonal fluctuations
- Special sales days
- Holidays
Strategic supplier relationships
Purchasing acts as a link between companies and suppliers. Systematic classification and evaluation of suppliers are therefore important success factors for purchasing optimization. In this context, supplier coordination provides information about the status of the respective suppliers. In addition, the right suppliers should be found and tied to the company in the long term. The digital exchange of information and documents is also an important aspect of supplier management.
What are the advantages of purchasing optimization software?
- Automatic order suggestions
- Detailed overview of all orders
- Digital data management
- Better communication with suppliers
Purchasing optimization within the company
The goal of purchasing software is to optimize purchasing within a company. This includes, among other things, the sustainable reduction of material costs and inventory costs, a flexible response to market changes and customer needs, and the development of strategic supplier relationships. To stay ahead of the competition, purchasing must be continuously improved and optimized.
What are the requirements for implementing an inventory optimization system?
Our solutions are easily docked to your existing ERP system. To do this, we use our connectivity tools, which allow us to easily interface with your ERP (SAP, Microsoft, and any other ERP system). For example, if you use an SAP ERP in your company, this can be implemented without the need for additional SAP partners.
Software for purchasing optimization
Profit in purchasing by using LOGOMATE. Numerous analysis options of your goods portfolio and your suppliers facilitate your workflow.
LOGOMATE helps you to react to new sales and inventory situations every day and to handle processes much more efficiently.
- Analysis of your goods portfolio
- Supplier forecasts
- Precise sales forecasts thanks to AI
- Avoidance of capital lockup
"With LOGOMATE, we have further optimized and achieved higher availability with declining inventories." Dr. Friedhelm Rudolph, Dr. Friedhelm Rudolph, Head/Procurator Controlling & IT Department at
POCO
Important functionalities of purchasing optimization software
- Possibility to analyze your goods portfolio
- Supplier forecasts
- Creation of precise sales forecasts
- Calculation of dynamic safety stock