Solutions:

Procurement Control

For manufacturers with significant contract purchasing activities, particularly for direct materials spend with component suppliers and contract manufacturers, Fogbreak Procurement Control provides price compliance with contract terms and key controls for financial reporting.

Fogbreak Procurement Control integrates forecasts, purchase orders, inventory and payable transactions with relevant contract terms and policies allowing a   manufacturer to effectively implement and control volume based pricing models; enforce supplier contract pricing; and ensure agreed upon service levels.   In each of these areas, Fogbreak Procurement Control provides the key controls necessary for financial reporting and the decision support required for managing procurement risk.

Benefits

• Improves Control and Visibility
• Reduces Costs
• Provides Decision Support Information

Capabilities

• Controls for contract terms and business policies
• Identifies supplier contract pricing variances
• Tracks rebate and volume pricing programs
• Best practice terms, alerts and reports included standard
• Maintains required history and audit trail
• Works with current enterprise application footprint (ERP, Financials, and Supply Chain etc.)

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