Our Solutions
BuyMetrics® ENTERPRISE
BuyMetrics ENTERPRISE is SaaS software designed to serve professional buyers, supporting spot market purchases, formula defined contracts, arbitrage strategies, and interface with corporate ERP systems. BuyMetrics enables buyers to work their strategy quickly and precisely. Metrics provide guidance and ongoing analytics provide vendor scorecards, strategic insight, and auditable data. Capabilities include:
- Quickly configure even the most extensive requests for quotes (RFQs)
- Issue RFQs electronically to an unlimited number of vendors
- Automatically collect all responses for comparison and analysis
- Issue purchase orders and receive confirmations from selected suppliers
- Process dozens or hundreds of block/contract POs in a manner of minutes
- Internally computed market price metrics
- Analysis and reporting
- Customizable workflow to match the client's current business process
- Support for team-based buying workflows.
- Two-tier collection of purchasing requirements from other personnel and routing of these to the appropriate buyer
- Integration into accounting and ERP systems for POs, vendor acceptance advice, mill order numbers, and related information shipment information.
BuyMetrics provides consulting, implementation, and onsite user training services as a part of the enterprise offering, tailored to your company's specific requirements.
BuyMetrics® PRO
BuyMetrics PRO shares a common code base with BuyMetrics Enterprise and is deployed as a self-service subscription offering, customized for a specific commodity or market space (such as LBM). Pro enables the delivery of the BuyMetrics capabilities to small and medium enterprises that do not require the level of customization and integration delivered with the Enterprise version.
Users can subscribe to BuyMetrics PRO online via the BuyMetrics LBM website, select credit card of invoice billing, and be operational within minutes.
BuyMetrics® REPORTER
BuyMetrics REPORTER is an internal price statistic computational engine and publishing system. BuyMetrics REPORTER provides the ability to :
- Compute daily market price statistics for key commodities
- Automatically publish price statitics in an electronic newsletter format to buyers and other interested parties within the enterprise.
- Chart and graph historical price statistics.
Product Feature Summary
| Shopping | Pro | Enterprise | Reporter | ||
| Unlimited catalog items on RFQ |
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| Special Orders |
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| Shop via email, portal, phone |
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| Shop via API |
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| Unlimited vendor lists |
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| Load calculator |
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| Reusable templates |
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| Multi-load requests |
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| Custom vendor messages |
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| Comparison to market prices |
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| Counteroffers |
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| Vendor Interaction | |||||
| Easy access via email |
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| Mobile smartphone access |
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| Web-based vendor dashboard for RFQ and PO history |
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| Comparing | |||||
| Easy to read spreadsheet quote review |
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| Normalize unequal offers to market reference price metrics |
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| Compute offer extended price |
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| Score offers against metrics |
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| Rank offers to metric |
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| Verbal counteroffers |
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| Electronic counteroffers |
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| Buying | |||||
| "One click" PO creation |
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| "Easy-build" PO form |
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| Pro-rate pricing based on metric |
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| Send PO to vendor electronically |
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| Track vendor receipt & confirmation |
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| Route copies to any email address |
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| Searchable History online |
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| Buy up to 100 loads per transaction |
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| Vendor load builder |
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| Contracts | |||||
| Formula or fixed pricing |
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| Up to 25 formula variables |
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| Destination-specific adders |
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| UOM conversion |
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| Forward pricing for any date |
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| Location & buyer control lists |
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| Reporting | |||||
| Purchase history |
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| Quantity by item |
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| Quantity by vendor |
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| Quantity by location |
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| Vendor scorecard |
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| Saved report definitions |
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| PDF output |
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| Excel or XML output |
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| Shopping history |
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| Buyer summary |
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| Contract vs Spot analyzer |
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| Advanced analytics |
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| Market Statistics | |||||
| BuyMetrics-generated daily price reports 1 |
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| Auto-import external market data |
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| Historical price charting & comparison |
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| Other features | |||||
| Single enterprise database across buyers |
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| User-controlled product catalog |
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| User-controlled sku numbers |
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| User-assigned vendor and terms codes |
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| UOM conversions |
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| Multi-buyer teaming |
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| Shared templates, vendors, contracts |
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| Online requisition system |
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| Integration with accounting/ERP system |
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| Location-specific integration path |
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| Advanced RFQ route and merge |
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| Buyer subset product and location lists |
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| Enterprise administrator console |
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1Can be compiled from confirmed purchase orders issued by a single client or across multiple clients with client permission.
2Optional access to external market price data requires a subscription to the applicable database in .dbf or .xls format.
3BuyMetrics Reporter statistics only
4Access to external market price data requires a subscription to the applicable database in .dbf or .xls format.
5Contract Management module is available for BuyMetrics Pro for an additional one-time charge of $500.
6Integration adapters available for many common ERP systems. Other interfaces can be developed on a custom basis.
LBM
To learn more about the value BuyMetrics delivers to lumber and bulding materials buyers
See a demo
Don´t take our word for it – take a look at our BuyMetrics Pro solution for independent lumber dealers.
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