POOL4TOOL: Solution Review & Analysis [Plus+]

manufacturing Hoda Bogdan/Adobe Stock

The market for direct materials-centric procurement technology is just beginning to take off in North America (and other parts of the world, outside of Europe). Especially in the US, these solutions have often played “second fiddle” for procurement organizations, especially compared with investments in indirect procurement suites and services procurement capabilities. Yet POOL4TOOL is one of only a handful of technology vendors developing specialized procurement solutions to support manufacturing environments. The Vienna-based procurement solution provider has extensive experience working with industrial firms (e.g., automotive, A&D, diversified manufacturing) across the source-to-pay continuum, especially in support of direct materials procurement activities.This Spend Matters Plus analysis provides an introduction to the POOL4TOOL solution for procurement organizations looking to understand whether they should consider adding the provider to their shortlists for consideration and competitive alternatives.

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