Save on sourcing costs through our access-based marketplace for Mining
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Complete list, constantly updated, of pre-qualified providers and their homologated good and services
Numerous purchasing processes such as advanced Auctions tools, eRFx and Direct Buy to obtain the best prices from providers
Analytics and Tracking tools that allow to understand and manage strategically your spend
Seamless operating system, integrated to all participants’ ERP that warrants efficiency and end-to-end transparency
Benefits of the platform
Lower by 15-20% your sourcing costs with increased supplier competition
Extend your providers portfolio by at least 30% to access new opportunities
Take advantage of enhanced transparency in the spend and spend management
Optimize by 25% the total time dedicated to sourcing mining services and products
Price Efficiency
Reduction in costs through better bulk-purchasing discounts, greater uptake of those discounts and competition between suppliers
Better pricing
- Generate 15-20% savings depending on the category
- Clear price break-down by products
- More competitive supplier landscape
- At scale negotiated price with better discounts
Wider supplier range
- Avoid single sourcing
- Access to suppliers previously unknown
- All suppliers on the platform are pre-qualified and products homologated
Better purchasing terms
- Negotiated payment terms
- Guaranteed lead time and stock
Flexibility in procurement process
- eRFx that can be launched to all providers of the product/service
- Reverse auctions to obtain the best possible price in the market
- Direct-buy for shorter lead time
Market Competitiveness
Better visibility and accessibility in product, service, supplier availability, pricing and purchasing terms
Global supplier base
- Broader supplier reach and availability
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Increase choice including from SMEs
Scale benefits
- At scale negotiated price independently from size
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reducing cost to serve and enabling unbundling of contracts
Broad portfolio
- Negotiated payment terms
- Guaranteed lead time and stock
Faster throughput times
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Advanced IT capabilities and seamless integration with all providers
Spend Transparency
Greater transparency thanks to high data quality output as well as enhanced control on spend thresholds and compliance to budget
Value leakage avoidance
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Enhanced control on spend threshold and compliance to budget, vendor selection and authorization rights, easing audit processes and reducing risk of non compliance
Purchasing terms transparency
- Ensuring POs are issued at the right price and in the correct quantities, simplifying negotiation and contract management
Better quality output data
- Transactional data available in the platform
Buyer Efficiency
Ensuring POs are correctly issued, simplifying negotiation and contract management, and streamlining accounting, reporting, tracking and control
Automation, digitization and simplification of a truly integrated S2P
- Workflow and vendor management: Automatic vendors approval process
- Order management (eRFx): Automatic order process after supplier bidding
- Contract management: supplier agreements available in the platform
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E-payment: invoice payment in the platform
Spend Control & analytics
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Spend management: Dashboards detailing spend per category and provider
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Data Insights extraction: Find savings opportunities from category data analysis and automate category analytics to drive insights and category strategy sustainably
Demand and product specification management
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Spend control tower: Manage spend by analyzing and controlling demand
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Catalogue management: Reduce SKU complexity
Reduction of operational load to focus on category strategy
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FTE reduction: Reduction in the time spent on procurement by purchasing and operational teams
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Reskilling: from operational buyers to marketplace managers