A tool for procurement and purchasing departments

One of the main task of procurement and purchasing department personnels is to plan and execute an organization’s acquisition procedures and standards.

As many organizations today reduce the number of personnels within the procurement department, it is vital for the remaining ones to utilize the right strategies and tools to add value and maximise savings for the organization.

From consolidation and process improvement initiatives, a new term and job title emerged by the name strategic sourcing. Strategic sourcing manages the entire supply function through effective bidding processes and negotiation of contracts.

Obviously, negotiation skill / competency is key for every procurement department personnel to have. Having the right experience when it comes to negotiating for the best price is very important. But for those who are young and inexperienced, you can rely on the right tools to help you to negotiate better based on facts and market trends. But are there such tools available out there?

Yes! Introducing Propurchaser.com – an information resource for the professional purchaser.

Propurchaser is a SAAS site which helps purchasers to track and report on supplier’s costs so that they can have the right information to negotiate succesfully.

Since suppliers are always claiming that their costs have gone up, they are always demanding for an increase in price. But when their costs go down, do they sell the product / material to you at a cheaper rate? Most suppliers don’t as they want to profit more from the sale. We can’t really blame them since we did not demand for a decrease in price. So the key here is to know when to ask for a decrease. Propurchaser is able to provide that sort of information so that you too can save from purchases.

Some key Propurchaser modules include:

• Material Cost Drivers
• Selling Price Models
• Commodities prices and graph
• View Historical Costs
• Graphs showing supplier’s cost in China
• Budget Tool
• Ask the expert

Some sample screenshots:

Crude Oil Graph

Latex Gloves Selling Price Model

Currency Commodities Graph

The key benefits of Propurchaser includes:

• Saves much effort and time gathering critical market information since it’s all done already.
• Be informed on the slightest market changes
• Get access to the experts and who will answer your questions within 48 hours

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