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Industrial MRO |
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Janitorial/Sanitation |
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Lab Supplies |
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Office Supplies |
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Safety Supplies |
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The Situation
You have evaluated and implemented the latest e-procurement tools, RFP/Auction Tools and renegotiated contracts for preferred pricing. However, you lack the ability to continuously audit, benchmark and optimize indirect spend contracts.
How We Can Help
Dryden is a firm that helps companies audit, benchmark and optimize MRO spend programs. Dryden's Best in Market programs allow companies to:
- Establish unmatched visibility into MRO programs
- Identify how supplier catalog changes affect pricing
- Audit every line item, invoice and SKU for supplier compliance
- Identify the most optimal contract metrics
Our Best in Market Process
Our Services
- MRO audit
- MRO benchmarking
- MRO best practice
- MRO cost containment
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"It's easy to overestimate the value of this (reverse auction) online procurement tool. More than 70% of suppliers in the study said that they would charge higher prices to their customers as a result of their participation in reverse auctions - if they had a chance to do so in the future. Considering that 43% of the suppliers reported recapturing 20% of the orders they lost to new suppliers in reverse auction because new suppliers did not deliver, these suppliers have ample opportunity to retaliate."
CIO Magazine, 2006 |
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