AMS
AMS is an Amsterdam-based, non-profit, strategic-buying alliance that currently works on behalf of 10 top European food retailers.
Challenge
To have access to commodity pricing data in order negotiate more effectively with suppliers, understand market conditions and operate more efficiently.
Solution
Expana has implemented their raw materials and commodity price tracking services through Mintec Analytics, its proprietary commodity price dashboard and analytics platform. This has delivered a combination of data, market insight and analytical tools to companies like AMS. Enabled them to access any of the +14,000 commodity prices, to accurately manage and respond to current price challenges.
Benefits
- Integrated raw material and commodity analysis
- Personalised price dashboards for supplier contract management
- Market insight and extensive price data
- Benchmarking supplier pricing across a range of commodities
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I think it is a very helpful course for people who work for or with purchasing departments, not only to broaden your knowledge but also to look at your job from a different perspective.