CFOs use Kavida to make better inventory decisions by having real-time visibility into
supplier performance and operational risks.
TRUSTED BY INDUSTRY LEADING COMPANIES
Make better inventory decisions with Kavida’s advanced supply chain risk management capabilities
CFO’s biggest risk to achieving financial objectives is procurement risk, making up 60% of yearly revenue. CFO’s lack scientific and data-driven risk calculations to plan their inventory and sales. This leads to overstocking due to fear of disruption, understocking and not realizing risk exposure, and identifying product lines that unknowingly carry excess complexity and risk in the supply chain.
The lion’s share of supply chain costs is tied up in working capital, with inventory being the most flexible lever for CFOs. By providing visibility into real-time inventory in motion and operational risks in the supply chain, CFOs can reduce optimise inventory thus improving metrics such as Inventory turnover, Days in inventory outstanding, Cash conversion cycle and Return on assets.
Minimize unforeseen costs with kavida’s early risk detection capabilities
Procurement managers face the pain of not having real-time visibility into purchase orders after they are placed, relying only on excel sheets for tracking, which is not only time-consuming but also prone to errors. This lack of visibility can lead to delays and disruptions in the supply chain, resulting in unexpected costs, wasted resources and potential damage to business relationships. In today’s fast-paced and uncertain world, procurement can no longer function on excel sheet visibility.
Kavida empowers procurement managers to have real-time visibility into purchase orders from the moment they are placed until it arrives. It provides end-to-end tracking of purchase orders, including delivery dates, production milestones and shipping ETA, all in one place. This allows procurement managers to easily view delivery dates for any PO instantly and track the progress of their orders in real-time. Kavida makes it easy for them to stay on top of their orders and avoid delays. Nothing falls through the cracks.
Upgrade from reactive to proactive: move from detecting disruptions at the last minute to identifying potential issues and managing by exceptions
Procurement managers often face the pain of detecting issues with their orders at the last minute. This means that they are reactive to problems rather than proactive in identifying potential issues. Identifying issues so late, leaves little time for alternative decisions, resulting in delays and disruptions in the supply chain, unexpected costs, wasted resources and potential damage to business relationships.
Kavida empowers procurement managers to detect potential risks early for anything that could impact the order after it has been placed. This includes natural disasters, supplier production issues, war, civil unrest, port congestion, shipping issues etc. This allows procurement managers to take proactive measures to mitigate these risks and minimize the impact of disruptions on the supply chain.
Centralised, automated delivery date tracking
- Automatically request latest delivery dates from suppliers
- Shipment tracking
Effortless document management
- Automatically request from suppliers
- View all documents for every purchase order and line item
- Forward to colleagues and request from suppliers
- Track port congestion
- Real time ETA to ETD from source to destination
Seamless supplier communications
- Communication hub using email, WhatsApp, WeChat or voice
- Communications centralised in one place
Kavida helps procure teams
protect their purchase orders
Free up your time, gain unparalleled supply chain visibility and proactively identify
issues to your orders