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Spend Aggregation

The most commonly discussed topic amongst industry marketplaces is the aggregation of purchasing power. In order for an e-marketplace to work, both buyers and suppliers must receive benefits. At Enporion, we understood this from the beginning and worked closely with all our customers to create "Smart Spend Aggregation." Smart Spend Aggregation enables collaboration across the supply chain resulting in lower costs for customers and increased sales volume for suppliers. In addition, both buyers and suppliers can benefit through improved process performance and reduced cycle times.

To create value within the marketplace, Enporion has established the "Group Contracts" tool. Group Contracts are smartly aggregated contracts that allow Enporion supplier enablement and offer significant value added services with competitive pricing and with a set of standardized terms and conditions to Enporion Buyers. Enporion refers to Group Contracts as being established through Smart Aggregation because of the methodology used in their creation. Our Commodity Managers work directly with Subject Matter Experts to analyze the market, spending habits, as well as specific Buyer requirements. This due diligence results in the establishment of an effective sourcing strategy specific to products and/or services for a particular commodity group. Enporion markets these Group Contracts to its Customers and will assist with contract implementation.

As new customers join the Enporion e-marketplace, our account executives, working with suppliers, will leverage existing Group Contracts so that new customers can expeditiously take advantage of existing Group Contract savings. Suppliers can expand their sales with minimal marketing efforts and create an environment that facilitates standardization initiatives for their commodity group service.

We believe that once you evaluate Enporion Group Contracts, you will find opportunities to better leverage your spend while preserving those standards that are important to your organization. It's just one more way that Enporion is "Creating Powerful Connections."