"What procurement really needs is the best of all worlds: A dedicated commodity analytics solution that a category manager can own, manage and leverage with internal stakeholders, coupled with an expert-designed knowledge layer fed by deep and actively monitored commodity intelligence.”
In this report Spend Matters offer their view on why our Commodity Intelligence solution delivers the perfect hybrid intelligence and analytics approach for Category Managers grappling with the challenge of commodity price risks.
What are the benefits of accurately tracking and managing commodity price risk?
- Significant savings can be achieved by arming negotiators with accurate forecasts that allows them to drive the agenda and value
- Improved visibility and transparency over the drivers behind commodity prices allowing businesses to get a comprehensive view of their commodity strategies
- A proactive approach to risk management that allows organisations to benchmark and track price trends and provide context
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