Actualog supports cost saving initiative in procurement
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WWW.ACTUALOG.COM Social Product Information Management Platform COST SAVING PROCUREMENT INITIATIVE
Transcript of Actualog supports cost saving initiative in procurement
WWW.ACTUALOG.COM
Social Product Information Management Platform
COST SAVING PROCUREMENT INITIATIVE
PRODUCT INFORMATION MANAGEMENT INITIATIVE DRIVES PROCUREMENT SAVINGS1. Product information without duplicates allows consolidating
spend and reduce working capital.
2. Use advantages of procurement centralization. Search for products offered by various suppliers, compare and find the best products.
3. Use product information created by suppliers, prepare tender documentation with predefined product specifications and characteristics, and save operation costs.
4. Create and share procurement program with potential suppliers.
5. Standardize communications with your suppliers, reduce errors, improve communication time and streamline processes.
ACTUALOG PRODUCT INFORMATION MANAGEMENT PLATFORM SUPPORTS COST SAVINGS CHALLENGES
Purchasing Harmonizat
ion
Sustainable Costs Savings
Global Sourcing
Using Product Information Management (PIM) companies achieve the following results in average*:
Cutting costs in the logistics system: 15%
Reducing the cost of purchased items: 5-20%
Decrease in stocks and illiquid: 20-40%Service improvement (increase in the proportion of
timely deliveries): 20%
* according Gartner research
Category Sourcing Strategy
Supplier Relationship Management
Purchasing Optimization Challenges
SOCIAL PRODUCT INFORMATION MANAGEMENT PLATFORM
Actualog is an innovative cloud-based social Product Information Management platform that brings together the expertise and knowledge of the manufacturers and most competent customers around the world.
WWW.ACTUALOG.COM
Legal Entities
Companies’ Procurement Catalogues
Business, Regional or Product Purchasing
Groups
Global Procurement Catalogues
Procurement
centralization
Product comparison
Global Product
Information Managemen
t
Data quality improvemen
t
Master Data Managemen
t
Integration to company infrastructur
e
Procurement program
for Suppliers
Qualified basis for
purchasing decisions
Cloud / Web / Crowdsourcing
WELL-DESIGNED SOURCING INITIATIVES CAN GENERATE SUBSTANTIAL SAVINGS — UP TO 15 TO 20 % OF A COMPANY’S PURCHASING COSTS*
Suppliers(Producers,
Distributors, Service Providers)
Product catalogues and product information from suppliers
* Source: The Boston Consulting Group
ACTUALOG provides complete, accurate, and relevant information about products, materials, and technologies by using knowledge and expertise of producers.
Only producers know everything about their products.
The Expert Community creates the Classifier which contains a complete set of attributes for each product category.
Your Suppliers provide complete and unified information about their products, describe product characteristics using category attributes.
Standardize communications with your Suppliers, reduce errors, improve communication time and streamline processes.
Actualog is designed for global companies and organizations.
We support 35 languages to create the content.
Communities in Actualog allow professional to work in the environment designed for particular industry.
Create and share your procurement program with potential suppliers. Create Procurement Catalogs and embed into your website.
Reduce Product Information Management costs using product information created by Experts.
Invite your Suppliers to pace information about their products in Actualog, and get the complete, multilanguage and unified product description.
Use advantages of procurement centralization. Search for products, compare and find the best products using characteristics and parameters.
CONTACT ACTUALOG
Kate KoltunovaCEO [email protected]+7 (911) 250-22-47
Actualog is an R&D company founded in 2011.
We develop a revolutionary Cloud Solution designed to solve the widespread challenges of product data quality that ensures that all relevant departments within an organization have real-time access to the most current and complete product information.
Actualog is a Microsoft Partner participating in BizSpark program and a resident of the innovation center “Skolkovo”
WWW.ACTUALOG.COM
Elena PrikhodkoSales and Marketing [email protected]+7 (911) 711-19-19
