Buynamics

Saas tools that empower procurement

Buynamics offers SaaS tools that empower procurement professionals (CPOs, purchasers and analysts) to drive better results. Use data driven insights to make informed decisions, achieve better negotiation results and build stronger supplier relationships.

Our mission is to help procurement professionals achieve next level negotiations. With our combined 250 years of procurement experience and a highly skilled team we aim for the moon!

Our flagship SaaS tool, WTP (What’s The Price), provides procurement professionals with valuable insights into the cost price of any product in the manufacturing industry.

We also built VRS (Vendor Rating Solution), which allows supply chain professionals and contract managers to optimize vendor relationships by measuring and ranking performance based on objective and subjective criteria.

Key WTP features

  • Discover price developments for over 3000 key raw materials such as plastics, woods, and metals with ease using WTP’s insightful data.
  • Uncover the cost drivers of 364 industries in over 160 countries. This will help you gain a deeper understanding of cost structures.
  • Determine the effect of buying in larger volumes. With WTP, you quickly and accurately get insight in the discount ladder of a specific product by separating fixed and variable costs in the cost structure.
  • Save time with our top-down cost model analysis. We use big data sets for quick and accurate should-costing.
  • Create supplier-ready one pager with WTP reports. Easily get the insight you need to negotiate effectively in a simple PDF.

How we help procurement

Deal with price increases

When faced with supplier price increases, What’s The Price offers a powerful tool for detailed cost analysis. By evaluating the Bill of Material and factoring in raw material weights and production costs, WTP enables quick should-cost calculations. This approach not only identifies potential savings but also strengthens negotiation positions, allowing for more balanced and informed discussions about price adjustments.

Evaluate tenders

Using WTP in tender evaluations provides procurement teams with instant verification of supplier data against actual cost structures. This approach reveals insights, such as discrepancies in raw material costs, ensuring informed and equal-footed negotiations.

Profit from economies of scale

Use WTP to turn volume growth into cost savings and enhanced supplier relationships. WTP enables detailed analysis of industry-specific cost structures, facilitating a discount ladder based on growth, that can lead to significant savings and more strategic contracts.

Get a head start in an industry

What’s The Price is an essential tool for newcomers in any industry, offering rapid insights into cost structures and aiding in the development of effective procurement strategies. By analyzing Bills of Material, WTP reveals key cost components, guiding strategic choices in supplier and product selection.

 

 

Feed

Back to featured companies