Chicago-based IPA 100 firm Baker Tilly (FY21 net revenue of $1 billion) has partnered with procurement solutions firm DSSI Inc., of Farmington Hills, Mich., to introduce Dynamic Procurement, an analytics and reporting platform designed to provide manufacturing companies with greater transparency, control and savings related to their indirect spend management.
The AI-powered Dynamic Procurement platform automates purchasing and spend optimization, helping manufacturers transition into the development, execution and compliance of a managed procurement program. The goal is to help companies save in the sourcing and purchasing of indirect materials by standardizing and reducing costs, consolidating vendors, generating single purchase orders across multiple suppliers, increasing spend visibility and providing easier online ordering.
“Rising costs from inflation are causing our clients to change how their global supply chain functions,” says Baker Tilly MP Brad DeNoyer. “Dynamic Procurement helps our clients optimize areas of their business that historically may have been overlooked to improve transparency, cash flow and simplify processes.”