Improved data leads to better procurement decision making for MRO. Source Smarter with data-driven purchasing.
Contraqer connects MRO to the vendors you buy from most frequently as well as the vendors your company purchases from globally. Contraqer automates the entire procurement process from identifying vendors that sell the parts and equipment you need and sending the initial requests all of the way through fulfillment. The results are immediate: improved financial performance based on smarter procurement and data that provides visibility into how you buy what you need to keep your equipment running.
Closed-Loop MRO: In Closed-Loop MRO, the procurement system monitors the CMMS/EAM in real time to determine when parts go below their re-order points. When this happens, the system creates an RFQ or Purchase Order and alerts the Procurement team that they need to make a purchase. When a Purchase Order is placed, the system automatically updates the Quantity on Order information in the CMMS/EAM. And when the order arrives, the system automatically decrements the Quantity on Order information and increments the Quantity on Hand information.
Schedule your maintenance and repairs in your CMMS, and procure the parts you need through Contraqer. Keep track of your assets, from RFQ to retirement, all inside Contraqer. When you know what you’ll need and when, you can buy based on value and not urgency.
Contraqer brings all of the people involved in the procurement process onto the same platform -- MRO purchasers, finance, and vendors request, bid, and verify on our procurement management software. This reduces workload and the opportunity for human error across the entire procurement process. Contraqer cross-checks your documents, too, from purchase order to packing lists and invoices so you know you got what you paid for at the price you negotiated.
With Contraqer’s procurement management software you can compare vendors on availability, time to delivery, and price for immediate purchasing and over time. This allows you to make sure you are getting the best value for your business. Your staff can rate vendors and products and share those ratings across the company. We bring all of the data you need to make better, data-driven procurement decisions.
Too frequently, purchasers only buy from vendors that are nearby and that they know even when people in the same company may be purchasing the same parts and equipment from other vendors who perform better on price and delivery. With Contraqer procurement management, anyone can get information on vendors across our company and see average prices and vendor performance. You can also coordinate with the Contraqer community for group purchasing -- another way to grow your business and improve performance.