Spend Matters Almanac: Cost Management

Cost management is a big topic and big competency for procurement firms, but comprises a small and fragmented market of software and services firms. Providers focus on cost modeling, cost estimation, price/cost forecasting (and benchmarking), and linkages into specific application suites where cost management is important (i.e., PLM, SCM, and sourcing related applications in the Source-to-Pay spectrum). Cost modeling and price/cost discovery through electronic RFx support is (obviously) supported to some extent natively within sourcing and related applications markets. Specialized analytics that identify part commonality and cost non-commonality (i.e., cost outliers) based on attribute- and design-level material information for the purposes of demand aggregation and re-sourcing are also included.

4C Associates
66 Hammersmith Road | London, International | W14 8UD United Kingdom
petra.urhofer@4cassociates.com
07857150594
Provides solutions and/or services in the following categories:
About
Recent Coverage
4C Associates is a dynamic, fast-growing and diverse procurement consultancy. Our international presence, combined with our fresh approach and deep expertise in providing tailored solutions enables our clients to meet their strategic goals, ranging from rapid profit improvement to long term business transformation. We have over 15 years’ of experience working across multiple industries and geographies with clients ranging from

Advanced Purchasing Dynamics
484 Deer Street | Plymouth, Michigan | 48170 United States
Provides solutions and/or services in the following categories:

Anklesaria Group
201 Lomas Santa Fe, #460 | Solana Beach, CA | 92075 United States
Provides solutions and/or services in the following categories:

aPriori
300 Baker Ave | Concord, MA | 01742 United States
ProductCost@apriori.com
1-978-371-2006
Provides solutions and/or services in the following categories:

Aripart Consulting LLC
12217 E Mountain View Rd | Scottsdale, AZ | 85259 United States
info@aripart.com
480-427-2221
Provides solutions and/or services in the following categories:
About
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Aripart Consulting is founded by Bill Michels to use his knowledge and experience working with the world's greatest companies to deliver value and competitive advantage to his clients. We help companies build sound procurement and supply chain strategies that lead to cost and value improvement, innovation, optimization, risk mitigation and transformation through high performing procurement and supply chain management. We

Beroe Inc
338, Raleigh Street | Holly Springs, North Carolina | 27540 United States
hemant.nadkarni@beroe-inc.com
+1 609 903 4172
Provides solutions and/or services in the following categories:
About
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Beroe is the premier global provider of customized procurement services specializing in sourcing, supply chain visibility, financial risk analysis, and environmental impact. Some of our customers are the largest in the world, including over 170 of the Fortune 500. Beroe delivers strategic procurement intelligence that helps you answer critical questions and achieve business objectives. As an integrated extension of your

BravoSolution
217 N. Jefferson, Suite 400 | Chicago, Illinois | 60661 United States
a.brody@bravosolution.com
3123733100
About
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BravoSolution is a leading global strategic procurement solution provider. Our procurement technology platform and practitioner experience help more than 600 companies and 100,000 procurement professionals in over 70 countries unlock the power of procurement to drive financial performance, develop procurement organizational excellence, manage risk and influence innovation. BravoSolution’s approach to strategic procurement consistently delivers business outcomes to enable customers to

Bureau van Dijk
40 Wall Street, 27th Floor | New York, NY | 10005 United States
americas@bvdinfo.com
212.797.3550
Provides solutions and/or services in the following categories:

ePlus Systems inc.
13595 Dulles Technology Drive | Herndon, VA | 13595 Dulles Technology Drive United States
systemsinfo@eplus.com
703-984-8207
Provides solutions and/or services in the following categories:

Eved
350 W Ontario | Chicago, IL | 60654 United States
sales@eved.com
+1 312.902.3833
Provides solutions and/or services in the following categories:
About
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Eved is an event commerce company that offers the only spend management solution for meetings and events. Our web-based platform automates how large corporations request, order and pay for event services, delivering increased transparency, significant efficiencies in the billing and reconciliation process, and improving compliance and control. No other event technology or spend management solution exists in the market that

Flow&Ebb
Suite 18, 9 Tanner Street | London, London | SE1 3LE United Kingdom
info@flowandebb.com
+44 (0)20 3137 8838
Provides solutions and/or services in the following categories:
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Whether you are starting from scratch or want to fine tune your existing capabilities, we are THE experts in the US and Europe at implementing and running Commodity Price Risk Management (CPRM) in large corporates. CPRM, or hedging, is the process of protecting your margins from the impact of commodity price fluctuations. It can help to minimize any adverse changes

Future Purchasing
3000 Cathedral Hill | Guildford, Surrey | GU2 7YB United Kingdom
enquiries@futurepurchasing.com
+44 (0)1483 243520
Provides solutions and/or services in the following categories:

Genesis Automation USA
360 Central Avenue | St. Petersburg, FL | 33701 United States
contact@genesisautomation.healthcare
+1 310 870 1167
Provides solutions and/or services in the following categories:
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Genesis helps healthcare providers manage cost to deliver care. Using the latest mobile technologies and implementing best practices in traceability, cost capture and inventory management, Genesis enables healthcare providers to reduce cost and implement efficiencies throughout the entire value chain, while obtaining full visibility into the cost to deliver care, with ease and minimal effort.

GEP
100 Walnut Ave. | Clark, NJ | 07066 United States
info@GEP.com
732-382-6565
Provides solutions and/or services in the following categories:
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GEP helps global enterprises operate more efficiently and effectively, gain competitive advantage, boost profitability, and maximize business and shareholder value. Fresh thinking, innovative products, unrivaled domain and subject expertise, and smart, passionate people – this is how GEP creates and delivers unified business solutions of unprecedented scale, power and effectiveness. With 12 offices and operations centers in Europe, Asia and

IHS
15 Inverness Way Easy | Englewood, CO | 80112 United States
800-447-2273

impacore GmbH
Radlkoferstrasse 2 | Munich, Bavaria | 81373 Germany
info@impacore.com
+49 89 41612900
Provides solutions and/or services in the following categories:

MTI systems (costimator)
59 Interstate Drive | West Springfield, MA | 01089 United States
(413) 733-1972
Provides solutions and/or services in the following categories:

Paladin Associates
145 Whitney Valley Walk | Johns Creek, GA | 30097 United States
DJHoeppner@PaladinAssociatesInc.com
770-853-9940
Provides solutions and/or services in the following categories:
About
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Founded in 2001, Paladin Associates is a Strategic Sourcing and Procurement Services company staffed by veteran professionals from GE, P&G and similar industry leaders. All Associates have over 25 years of business experience, bringing an impressive array of broad and deep Sourcing, Procurement, Financial and Operations experience and expertise in many functions and industries. Paladin adds value by providing intellectual

Paradata
200 N. Almaden, Suite 250 | San Jose, California | 95110 United States
jeff@paradata.io
4087912070
Provides solutions and/or services in the following categories:

PROACTIS
Riverview Court, Castle Gate | Wetherby, West Yorkshire | LS22 6LE United Kingdom
info@proactis.com
+44 (0)1937 545070
About
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PROACTIS is a global Spend Control and eProcurement solution provider. Over 800 organisations across 90 countries use PROACTIS software and services to transform their procurement, purchase-to-pay and accounts payable processes to deliver greater bottom-line value. • PROACTIS Solutions for Finance enable organisations to streamline the purchase-to-pay process, eliminate labour-intensive manual registration of invoices, speed up invoice matching and approvals, and

ProcureForce
484 Deer Street | Plymouth, Michigan | 48170 United States
mwynn@apurchasingd.com
7349270836
Provides solutions and/or services in the following categories:

Revenew
9 Greenway Plaza, Suite 1950 | Houston, TX | 77046 United States
ppettit@revenew.net
281-276-4500
Provides solutions and/or services in the following categories:
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Revenew offers Cost Recovery audits and Cost Containment services that deliver monetary recoveries and cost reduction benefits. Our programs help to ensure compliance with commercial terms, recover lost monies and provide best practice recommendations for contractual and operational improvements. We produce hard-dollar results for our clients – specific, tangible and often quite substantial. Revenew specializes in companies with complex Accounts

Scanmarket
12600 Deerfield Parkway Suite 100 | Alpharetta, Georgia | 30004 United States
northamerica@scanmarket.com
800.411.6202
About
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Scanmarket is the market-leading global Strategic Sourcing platform. Our proven cloud-based solution is trusted by 300+ customers operating in more than 40 countries enabling (on average): 301% increase in sourcing productivity 105% increase in contracted spend under management 111% increase in suppliers under management 13.1% savings on direct and indirect goods and services with annual ROI routinely exceeding 500% Our

Sourcemap
85 Broad St 28th Fl. | New York, NY | 10004 United States
info@sourcemap.com
617.453.8627
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Based on MIT research, Sourcemap offers the most advanced supply chain data modeling and visualization software solutions powered by a real-time data mining API and a vast supplier social network. Leading brands and manufacturers use Sourcemap's private cloud-based solution to manage their own supply chain mapping: uploading enterprise data, inviting suppliers and sub-suppliers, performing advanced analytics, and exporting visually stunning

Spendency
Landsvägen 50A | Sundbyberg, Stockholm | 17263 Sweden
nils.lundgren@spendency.com
+46707744551
Provides solutions and/or services in the following categories:
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Spendency is an easy-to-use and effective spend analysis tool that gives you an excellent overview of, and also deep insight into, your company’s cost base. This helps you make good analyses and create a better understanding for both you and others, in your efforts to create better business for your company. Spendency is a modern spend analysis tool and differs

Supply Dynamics
6279 Tri-Ridge Blvd., Suite 310 | Loveland, Ohio | 45140 United States
info@supplydynamics.com
(513) 965-2000
Provides solutions and/or services in the following categories:

Zylo
55 Monument Circle, Suite 600 | Indianapolis, Indiana | 46204 United States
info@zylo.com
317-350-4466
Provides solutions and/or services in the following categories:
About
Recent Coverage
Zylo is the leading SaaS optimization platform that transforms how companies like Appirio, Zendesk, Smartling and Power Reviews manage and optimize the vast and accelerating number of cloud-based applications organizations rely on today. Named as a Spend Matters 2017 50 to Watch company, the platform provides an online command center for all cloud-based software used across a company, giving an