Supply chain disruptions are the biggest risk to achieving financial objectives with 60% of revenue tied up in inventory. Kavida's real-time risk alerts allow companies to protect their inventory in motion and avoid stock outs
With our dashboard, companies can identify risks and issues early on and take proactive measures to prevent them. This means less unhappy customers and avoided reputational damage. Better supply chain risk management enables companies to make informed decisions about their inventory levels and avoid overstocking or under stocking.
Kavida's dashboard provides a complete overview of purchase orders and suppliers, making it easy to identify risks and issues early on. With Kavida, companies can focus on growth initiatives without worrying about supply chain disruptions and optimize their inventory to prevent unhappy customers and reputation damage.
Kavida eliminates the pain of managing orders after raising them by automating document management and delivery date requests from suppliers. Say goodbye to long email chains and Excel spreadsheets. With Kavida, procurement managers can easily request and view documents like Bill of Ladings directly within the platform, leaving more time for high-value tasks and strategic thinking.
Good supply chain performance is vital for achieving financial objectives with 60% of revenue spent on procurement for most companies. Supply chain remains the greatest source of business risk, with 84% of CFOs reporting it as a significant or moderate risk (BDO 2022). With better risk management CFO’s can minimise buffer stock inventory, free up working capital and minimise lost sales. Kavida enables companies to minimise unforeseen costs incurred by supply chain disruptions, e.g airfreight.
CPOs use Kavida to build resilient sourcing strategies, and see risks they were previously blind to. Kavida provides 20+ metrics of supplier performance and operational risk. We help balance cost, quality and risk in sourcing decisions and mitigate risks. Supplier selection and allocation decisions now factor in a configured risk score using Kavida metrics. With emerging ESG supply chain due diligence legislation, CPOs are also using Kavida to minimise ESG risks in their supply chain and protect their brand reputation.
Take an interactive guided tour to discover how Kavida can transform how you do supply chain