Today many businesses are launching cost reduction initiatives.
Procurement optimizations has a significant cost-saving potential. Procurement consolidation, contract management, category management and other initiatives need special tools. It is required to ensure purchased products data quality too conduct spend analysts and support the consolidation.
Actualog supports cost-saving initiatives in global companies. On the buy-side, product sources from suppliers is often inaccurate and incomplete. The imperative here is to ensure a single version of the truth regarding product to be used in all information systems. Large corporations procuring hundreds of thousands items and using multiple information systems are constantly faced with this product information management challenge. PIM initiatives drive procurement savings and reduce working capital by refining, consolidating, and centrally managing product information.
Learn more from our presentation.