Input Cost Monitoring - Powered by Gen AI

Input Cost Monitoring - Powered by Gen AI

Seamlessly integrate your spend data with market indicators to enable better decision making and monitor market trends, mitigate price increases, capture opportunities and manage exposure.

ICM is a Spendscape module that integrates your spend data with external market indicators to quantify impact of current market trends on product portfolio.

Users can create product cost archetypes, tie archetypes to spend categories, and review indicators of risk and opportunity at a portfolio, supplier, or individual material level.