Find out how you can increase efficiency in the material procurement process through targeted purchasing controlling.
The importance of purchasing controlling
Purchasing controlling plays a decisive role in the success of a company. It enables the monitoring and control of all procurement processes to ensure that the right materials are procured at the right time and on the best terms. By effectively monitoring and analysing purchasing, potential savings can be identified, supplier relationships optimized and risks minimized. Purchasing controlling is therefore an important tool for increasing efficiency in the materials procurement process.
Analysis and optimization of supplier relationships
A thorough analysis of supplier relationships is an essential part of purchasing controlling. By evaluating suppliers on the basis of various criteria such as quality, price, delivery time and service, weak points can be identified and potential for improvement highlighted . Close cooperation with suppliers makes it possible to work together on optimal solutions and build long-term partnerships. By continuously optimizing supplier relationships, costs can be reduced, delivery capability improved and risks minimized.
Cost optimization through process improvements
The efficient design of procurement processes is a central starting point for cost optimization in purchasing controlling. Time and cost savings can be achieved through the introduction of automation technologies, standardized processes and optimized workflows .
This is what neoalto smart supply offers: the intelligent sensor technology in the goods container registers material consumption in real time and initiates demand-adapted reordering – fully automatically, without any additional manual effort! In figures, this results in 75% more product availability and 27% lower process costs for the procurement of consumables. In addition, this form of efficient procurement process design brings transparency to inventory and consumption and contributes to a climate-friendly CO2 balance. Sustainable and needs-based ordering offers product availability at all times, but ensures little to no surplus and no waste due to expired or superfluous items.
In addition, the efficient design of procurement processes offers a transparent cost analysis, the identification of potential savings and the negotiation of more favorable conditions with suppliers. Continuous process improvements can increase the efficiency of the material procurement process and strengthen the company’s competitiveness .
Risk management in the procurement process
Risk management plays an important role in purchasing controlling, as it helps to identify potential risks at an early stage and take appropriate measures to minimize risks. This includes, for example, monitoring supplier quality, securing alternative sources of supply and regularly evaluating supplier performance. Systematic risk analysis and assessment can reduce potential disruptions in the procurement process and ensure the company’s ability to deliver .
Performance review and key figures in purchasing controlling
Performance monitoring in purchasing controlling is carried out using key figures that make the performance of purchasing measurable. These include key figures such as savings, supplier satisfaction, supplier quality and on-time delivery. By regularly monitoring and evaluating these key figures, strengths and weaknesses in the purchasing process can be identified and targeted measures for improvement can be derived. An effective performance review makes it possible to check the achievement of objectives in purchasing and, if necessary, make adjustments to further increase efficiency in the materials procurement process.