We facilitate fact-based strategic sourcing decisions by providing Total Cost analytics and visualizing true purchasing power.
For the commodity manager, the dream might be to have all the reports and documents with information that you need to come well prepared to a meeting with your suppliers (E.g Electronic Manufacturing Services) and sub-suppliers (e.g. suppliers of components and mechanics) in order to make fact-based strategic sourcing decisions.
This solution we provide is not an illusion. What we do different is that our data team ensures data quality to provide the visibility to your spend.
Commodity Managers that work with Lexi perform better than anyone else and provide their organization with visibility into actual spend resulting in reduced costs through informed sourcing decisions. You can plan the cost-savings - to when you want and need them, not when your Suppliers provide the information to you.
MasterBOM, our best practice Cloudware solution, creates transparency within your company, across divisions and throughout your supplier base. Providing you with thorough spend management analytics, MasterBOM also facilitates supplier collaboration and follow-up with your suppliers' performance through its global dashboards and in-depth reporting capabilities. Moreover, MasterBOM offers the following benefits: significant time reduction in day-to-day tasks, improved quality, increased delivery performance and 5-25% cost reduction in 3-12 months.