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Procurement Decision Process

A well-managed procurement decision process allows you to determine optimum supply quantities with respect to your stock policies and purchase the appropriate amount of material at the appropriate time.

Order Decision Process

Measurable Benefits

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Reduction in Backorders

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Stockout Rate Decrease

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Reduction in Overstock Cost

Measurable Benefits

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Net Profit Improvement

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Increase in OTIF performance

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Reduction in Inventory Costs

Gain Visibility Over Material Requirements

Gain visibility over your short-, mid- and long-term material stock projection and analyze the projected material requirements accordingly.

See the effects of material purchases on your end product orders and forecasts, and easily analyze the shortages.

Improve OTIF Performance
Improve OTIF Performance

Optimize Purchase Plans

Make the optimal purchase plan easily by evaluating supply risks and taking real-life supply disruptions into consideration along your decisions.

Create and manage purchase orders with respect to order prioritization, forecast and replenishment policies.

Increase Revenue

Analyze and minimize the cost of material supply by optimized plans.

Assess the opportunities with respect to purchases.

Improve OTIF Performance
Customer Cases
Customer Cases
Electronics
20% Decrease in Backorders
Electronics

The challenge:

A company producing electronic appliances was frequently facing disruptions in their production flow. Because of the disruptions, they often had backorders, resulting in worsened customer experience.

The outcome:

ICRON CCP monitored the orders that will most likely be late beforehand and reduced backorders 20% by helping them take precautions.

FMCG
20% Decrease in Backorders
FMCG

The challenge:

An FMCG company, that has grown rapidly in the last year, was having trouble meeting higher than forecasted customer demand. Poorly made purchasing and inventory plans were often leading to stock-outs, resulting in decrease in customer satisfaction.

The outcome:

ICRON CCP generated optimal purchasing plans and reduced stock-out 8%.

Customer Cases
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