Triple safeguard to ensure timeliness of procurement decisions
The following combination of strategies is recommended to address the specificities of bulk purchasing:
- Real-time data monitoring: Enable the "Price Fluctuation Alert" function after registering an account to receive push notifications when the price of a target product changes by more than 5%.
- Supplier tracking: Enable "Capacity Update" subscription for favorite suppliers to keep track of their raw material inventory and production schedule changes.
- Dual-layer authentication mechanism: All products displaying the "Real-Time Availability" label are updated hourly by the platform through an API to the supplier's ERP system.
- Risk hedging recommendations: When purchasing manufacturing equipment, the system suggests geographic distribution of alternative suppliers based on historical data
Additional measures: For purchases of more than one million dollars, be sure to use the platform's "Supplier Due Diligence Report" service (fee required), which includes three years of financial data validation.
This answer comes from the articleAccio: AI-powered B2B product sourcing platformThe
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