Corporate purchasing in the 21st century
Purchase optimization

Corporate purchasing in the 21st century

Jan Vašek - Chief innovation officer Promitea
Jan Vašek
Chief innovation officer
Published

Corporate purchasing can be done via phone, email, excel, and manual reports. But the question is why, when there are a number of inexpensive solutions on the market that take purchasing into the 21st century.

Corporate purchasing in the 21st century


🎯 Corporate purchasing can be done via phone, email, excel, and manual reports. But the question is why, when there are a number of inexpensive solutions on the market that take purchasing into the 21st century.
🎯 Promitea is a purchasing software that streamlines all key areas of tendering and supplier relationship management. We don't promise miracle solutions, instant and dramatic savings or work-free procurement management.
🎯 Let's use concrete examples to show how Promitea solves the most pressing purchasing problems:
🎯 A mastered and standardized process:
➡ A company offering custom manufacturing carries out hundreds of tenders a year - the problem is to meet deadlines, not to make mistakes in the assignment, to quickly evaluate offers and to have everything traceable in one place. Promitea has created a logical and standardised supplier selection process. The individual steps follow each other logically, unnecessary procurement errors are eliminated thanks to pre-set templates, the software compares bids, drawings can be easily updated, and the buyer has a perfect overview of the status of the individual selections.
🎯 Significant savings in administrative costs:
➡ The industrial enterprise did not have bad prices, but the purchasing process was cumbersome.
➡ Thanks to Promitea, the demand process has been automated (e.g. one-click demand for repeat purchases, libraries of evaluation criteria, automated communication, deadline monitoring, electronic approval of selections by managers).
➡ The company made significant administrative savings and freed up the buyers' time for activities that really deliver value: negotiating, creating quality purchasing strategies, looking for savings opportunities.
🎯 Maximum use of the market mechanism:
➡ The food concern negotiated monthly prices for non-critical commodities using the "phone and how much you can discount" method."
➡ On Promitea's recommendation, the company began competing these commodities through short e-auctions, making the most of the competition among suppliers. And to prevent suppliers from exploiting the transparent competition to collude, the buyer divided volumes among multiple suppliers, regularly invited new suppliers from outside the region, and worked with technologists to optimize specifications.
➡ Despite the great results, we did not recommend the customer to use e-auctions for more strategic commodities (a true partnership is better) or for downright low-volume purchases (where e-catalogues work best).

✨The preceding examples show that firms face different purchasing challenges. The customer never buys purchasing software, but a solution to a specific purchasing problem that must result in tangible savings.
☎ Give us a call and let's talk about whether Promitea is the right solution for your business purchase.

Published
Jan Vašek - Chief innovation officer Promitea
Jan Vašek
Chief innovation officer
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