ManufacturingPower new video explains comparison pricing technology for small and Mid-sized manufacturers. The video talks about how automating costs and competitive prices can be achieved in an affordable SaaS solution. Watch the ManufacturingPower video.
Full-time competitive pricing professionals could work 24/7 to generate statistically valid and accurate data. For the small and mid-sized manufacturer, the answer is automating the price comparison functionality. Until recently automating this function was prohibitively expensive and often too complex.
ManufacturingPower collects competitive prices from price comparison sites and marketplaces like Amazon, Google Shopping, Grainger, and eBay in real-time.
Only when manufacturers stop basing critical business decisions on inadequate spreadsheets can the purchasing department succeed. Automated access to summary cost and margin information for each SKU delivers light SaaS “MRO/tail-spend” price transparency, returning a minimum 11-14% COGS reduction to the bottom line.
ManufacturingPower is a cloud-based market intelligence solution designed to help small to mid-sized manufacturers streamline purchasing operations. This technology allows customers to achieve real-time visibility into industrial supply spend, better collaborate with suppliers, mitigate risk, and realize significant cost savings with the use of market transparency data.
Through cloud database management and unique algorithms, big data allows easy access to business intelligence. Until 2020, supply chain technology was far too expensive for the smaller manufacturer. ManufacturingPower offers a low-cost ($5000 annually) solution which provides even the smallest manufacturer the ability to compare competitive pricing driving immediate savings and equally rapid ROI (return-on-investment). ManufacturingPower demonstrates that knowledge is power and transparent market intelligence data to become leaner and far more efficient.
ManufacturingPower is a proud member of Manufacturing Alliance, MPMA (Minnesota Precision Manufacturing Association) ISM (Institute for Supply Management), APICS (Twin City Chapter) and the Council of Supply Chain Management Professionals (CSCMP).
Company Name: ManufacturingPower
Contact Person: Mike Franz, Founder & CEO
Email: Send Email
Address:101 5th St. E. Ste. 150 Box 3872
City: St. Paul
Country: United States