Procurement’s role in driving a company’s overall performance took on greater urgency in the wake of COVID-19 as it exposed structural flaws in supply chains. The pandemic, in addition to other macroeconomic events including wars, sanctions, and natural and man-made disasters, have made business resilience a top priority, even if it leads to extra costs.
Our offering, enabled by AI-based tools such as Inflation Control Tower and Supplier Risk Monitor, helps provide transparency, predict and mitigate supply risks and prevent supply shortages, analyze inflation impact on product costs, and adjust end-product pricing.