Commodity Management
The Commodity Management module enables organizations to track pricing, stock, and supply data for raw materials and commodity groups from a single center.
Solidra Commodity Management allows you to manage the procurement process for frequently fluctuating raw materials and commodities together with up-to-date market data, all from one platform.
How Does It Work in Solidra?
- 1Step 1
Commodity groups and subcategories are defined in the system
- 2Step 2
Current market prices and indices are reflected on the platform
- 3Step 3
Purchase quantities and timing are planned based on price movements
- 4Step 4
Commodity-based spending is reported retrospectively
Key Features
- Commodity-based price tracking
- Integration with market indices
- Stock and supply planning
- Price fluctuation alerts
- Category-based spend reporting
See Solidra in your own processes
Talk to our team and let's plan the setup that best fits your procurement.