Monitors relevant commodity indices against every contract's pricing formula, and alerts category managers the moment a price movement opens a renegotiation window.
Adjust the price drop and pass-through lag and the agent recalculates overpayment avoided instantly.
| Metric | Value |
|---|
| 1. Track commodity indices | Monitors relevant raw material price indices against every supplier contract's pricing formula. |
| 2. Match against contract rules | Checks whether a price movement crosses the threshold that triggers a renegotiation right under the contract. |
| 3. Trigger the window | Alerts category managers the moment a renegotiation opportunity opens, rather than at the next scheduled review. |
| 4. Hand off | Passes triggered contracts to the Vendor SLA Compliance Auditor's renewal calendar, and renegotiation outcomes back to refine the price model. |