More Suppliers: The Formula to save on your purchases
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Technology, data analysis and innovation in pursuit of effective savings
Openness is the main benefit of automating purchasing departments with e-procurement tools. In this way, a tender receives between 4 and 6 bids on average within wherEX.
What percentage savings are being generated by each extra supplier in the bidding process?
The Data Science team performed a statistical analysis to calculate the benefit generated by each additional offer, among other calculations that reflect higher levels of efficiency when using this type of technology.
