We let you have control over all costs related to your outsourced production throughout the Supply Chain.
Lexi Spend Analytics solution help your organization understand the cost structure of your outsourced production by dividing costs into material, labor and overhead. Our Spend Analytics in MasterBOM provides the visibility to your spend and establishes controls in order to manage your products.
Our Spend Analytics solution and benchmarking database help you identify cost savings and predict future product spend throughout the product life cycle. With our unique solution you can analyze the breakdown of your historical product spend per material, labor and overhead costs and predict future product costs already in the design phase - in order to find cost saving potentials thereby enabling R&D, sourcing, managers and executives to make more informed and actionable decisions.
Lexi provides the complete process from data collection - data scrubbing - classification in order to turn your data into reports with rich information. Our dedicated BM scrubbing team ensures a high degree of accuracy to analyze and benchmark your spend in a new dimension.