Commodity: when a standard defines a product®
The procurement of commodities and standardized products is often an afterthought in modern supply chain discourse. Volatile prices and shifting production patterns require buyers to dynamically select vendors at the transaction level, often in minutes or seconds, in response to shifting market conditions. This model is not supported by either strategic sourcing platforms or purchasing and replenishment systems.
BuyMetrics is highly-specialized tactical sourcing software designed to fill the void between strategic sourcing platforms and transactional purchasing and replenishment systems. BuyMetrics enables buyers to discover price and availability in near-real time, select vendors at the transaction level, and execute dozens, or even hundreds, of transactions per day.
Patented, with ten years of continuous improvement, the BuyMetrics platform supports the acquisition of billions ($US) in commodity purchases annually. Clients vary from focused one-buyer operations to large publicly-traded multi-national corporations with dedicated commodity teams.
BuyMetrics Enterprise Edition
SaaS software designed to serve professional buyers, supporting spot market purchases, formula defined contracts, arbitrage strategies, and interface with corporate ERP systems. When market volatility reaches a heart-pounding pace, BuyMetrics enables buyers to work their strategy quickly and precisely. Metrics provide guidance and ongoing analytics provide vendor scorecards, strategic insight, and auditable data.
BuyMetrics Pro Edition
Pro is a powerful online system customized for a specific commodity (or near-commodity) enabling one buyer to quickly connect with more suppliers, make better buys, saving time and money.
LBM
Are you interested in BuyMetrics proven solution for the lumber and commodity building materials industry?
- Connecting with more suppliers
- Getting a better read on the market
- Buying better
- Closing your buys faster
- Building stronger relationships
See a demo
Don´t take our word for it – take a look at our BuyMetrics Pro solution for independent lumber dealers.