By leveraging vast amounts of data from both internal and external sources, dmp consolidates this information into a single unified database, enabling companies to unlock significant business value.
Demand planning: Navigate your hierarchy with ease
Effortlessly upload your items hierarchy by locations, empowering intuitive searches and scalable management. Whether you need to add or remove items and equipment, our dynamic hierarchy system adapts to your evolving needs.
Sourcing: Create RFX’s more intuitive and simpler
Engage suppliers seamlessly by creating and sending Request for Proposals (RFXs) through dmp. Our AI-driven suggestions streamline the process. Witness the power of AI in bid evaluations and proposal comparisons, ensuring optimal decision-making.
Benchmarking: Learn from the past and real market data for smarter decisions
Unlock the potential of your historical data by integrating it into dmp. Easily compare proposed prices, gaining clear insights. This straightforward approach empowers you to make informed procurement decisions, turning your data into a valuable asset for smarter choices. More data points for your business with the unique dmp real market database.
Negotiation: AI-powered deal making based on benchmarking data
Utilize AI-powered negotiations with suppliers based on benchmarking results. Let dmp guide you through intelligent and data-driven negotiations, ensuring fair and competitive agreements.
Contract management: A collaborative approach to price agreement
Negotiate and agree prices effortlessly within dmp’s contract module. Suppliers can upload price books directly and manage prices in real time to ensure the prices are always up to date.
Embrace collaborative negotiations with the ability to accept or decline item price changes until both parties reach mutual agreement. Throughout the negotiation process, rely on benchmarking analysis to uphold fair pricing standards.