Procurement takes an array of different forms & each form has a distinct impact on the organization. Learn how to use spend analysis to positively impact your business.
Procurement Software for Food & Beverage
Act with agility & rapidly capitalize on emerging growth opportunities.
See how we do itValue-chain optimization is the front-line in the battle to capture maket-share.
Companies that make efficient procurement a key component of their holistic growth strategy have been able to achieve exponential returns on their investment. ProcurePort’s Procurement Software for Food & Beverage improves procurement’s ability to build stronger supplier relationships, optimize global supply-chains & deliver immediate impact.
Often, the first step is to develop strong strategic sourcing processes that can improve organizational agility & procurement's ability to address expanding consumer desires & regulatory requirements.
Using ProcurePort’s Procurement Software for the Food & Beverage industry we were able to:
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Build efficient supplier relationships
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Respond rapidly to shifts in consumer preferences
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Source to destination compliance & cost tracking
M. Burgess
Global Sourcing ManagerMake every dollar more valuable & ensure compliance with ProcurePort’s Procurement Software for Food & Beverage.
Efficient supplier relationships can increase the value of every dollar you spend.
Since an average manufacturer spends “55 cents out of every dollar of revenues on goods and services,” the impact of an effective procurement strategy on company performance is easily observed.ProcurePort can increase the use of outsourcing & the need for procured materials & services.
Source: Purchasing And Procurement Strategy In Food Industry Marketing Essay." UKEssays.com. 11 2018. All Answers Ltd. 02 2020
Respond rapidly to changing consumer preferences & accelerate growth-velocity.
The F&B industry has seen 75% of revenue growth over the past decade. ProcurePort gives procurement the ability to streamline process & significantly impact the bottom-line; fueling exponential growth potential.
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90% Improved contract compliance
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85%-90% More spend under discount
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3-Day reduction in inventory carry.
Source:: Hospitals' strategies for orchestrating selection of physician preference items. Montgomery K, Schneller ES Milbank Q. 2007 Jun; 85(2):307-35.)
Source to destination compliance & cost tracking & reduce the largest operational line item.
By adding transparency to procurement & establishing clear savings targets organizations have achieved price-on-price savings of about 20%. ProcurePort has successfully helped organizations implement comprehensive & cross-company purchasing programs that increase bargaining power & reduce the cost of procurement.
Source:: Hospitals' strategies for orchestrating selection of physician preference items. Montgomery K, Schneller ES Milbank Q. 2007 Jun; 85(2):307-35.)
Increase agility & market-share today with ProcurePort Procurement Software for Food & Beverage.
Register for a free demo or connect with us today to see how affordable & easy to use ProcurePort is. We are often able to implement solutions that significantly reduce procurement costs in as little as a few days.
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Trusted globally by sourcing professionals & organizations.
Respond with agility and create immediate impact with ProcurePort Procurement Software for Food & Beverage.
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