Enhanced Cost Structures and Market Monitoring Dashboard Overview

This document is a guide that outlines the features and benefits of Beroe’s Enhanced Cost Structures and Market Monitoring Dashboard (MMD). It describes how the MMD can assist users in making informed decisions by leveraging data-driven insights to anticipate risks, control expenses, and negotiate more effectively. The guide details various functionalities, including negotiation preparation, strategic sourcing, budget planning, and risk management. It emphasizes the importance of understanding seasonal patterns, price forecasts, and market intelligence to create realistic budgets and avoid cost surprises. The document also highlights the extensive data coverage, with over 1,350 global categories and 12,000 cost and price drivers, including insights into specialty chemicals and logistics. Additionally, it presents the advantages of using historical data and forecasts to optimize sourcing decisions and manage costs effectively. Overall, it serves as a comprehensive resource for organizations looking to enhance their procurement strategies.