Today many businesses are launching cost reduction initiatives. Procurement optimizations has a significant cost-saving potential. Procurement consolidation, contract management, category management and other initiatives need special tools. It is required to ensure purchased products data quality too conduct spend analysts and support the consolidation. Actualog is a cloud-based Product Information Management solution that supports cost-saving initiatives in global companies. Learn more from our presentation.

1. Social Product Information
Management Platform
COST SAVING
PROCUREMENT INITIATIVE
WWW.ACTUALOG.COM

2. ACTUALOG PRODUCT INFORMATION
MANAGEMENT PLATFORM SUPPORTS
COST SAVINGS CHALLENGES
Purchasing
Optimization
Challenges
Using Product Information Management (PIM) companies achieve
the following results in average*:
Purchasing
Harmonization
Supplier
Relationship
Management
Sustainable
Costs
Savings
Cutting costs in the logistics system: 15%
Reducing the cost of purchased items: 5-20%
Decrease in stocks and illiquid: 20-40%
Service improvement (increase in the proportion of
timely deliveries): 20%
* according Gartner research
Category
Sourcing
Strategy
Global
Sourcing

3. PRODUCT INFORMATION MANAGEMENT
INITIATIVE DRIVES PROCUREMENT SAVINGS
1. Product information without duplicates allows consolidating spend and reduce
working capital.
2. Use advantages of procurement centralization. Search for products offered by
various suppliers, compare and find the best products.
3. Use product information created by suppliers, prepare tender documentation with
predefined product specifications and characteristics, and save operation costs.
4. Create and share procurement program with potential suppliers.
5. Standardize communications with your suppliers, reduce errors, improve
communication time and streamline processes.

4. WWW.ACTUALOG.COM
SOCIAL PRODUCT
INFORMATION MANAGEMENT
PLATFORM
Actualog is an innovative
cloud-based social Product
Information Management
platform that brings together
the expertise and knowledge
of the manufacturers and most
competent customers around
the world.

5. WELL-DESIGNED SOURCING INITIATIVES CAN GENERATE SUBSTANTIAL
SAVINGS — UP TO 15 TO 20 % OF A COMPANY’S PURCHASING COSTS*
Business, Regional or
Product Purchasing Groups
Suppliers
Procurement
centralization
Product
comparison
Global Product
Information
Management
Data quality
improvement
Master Data
Management
Integration to
company
infrastructure
Global Procurement Catalogues
Legal Entities
Procurement
program for
Suppliers
Qualified basis
for purchasing
decisions
Companies’ Procurement Catalogues
Cloud / Web / Crowdsourcing
* Source: The Boston Consulting Group
(Producers, Distributors,
Service Providers)
Product catalogues and product
information from suppliers

6. ACTUALOG provides complete, accurate, and relevant information about
products, materials, and technologies by using knowledge and expertise of
producers.
Only producers know everything about their products.

7. The Expert Community creates
the Classifier which contains a
complete set of attributes for each
product category.
Your Suppliers provide complete
and unified information about
their products, describe product
characteristics using category
attributes.
Standardize communications with
your Suppliers, reduce errors,
improve communication time and
streamline processes.

8. Actualog is designed
for organizations
working on the
global market.
It supports 35
languages to create
the content.

9. Communities in
Actualog allow
professional to work in
the environment
designed for particular
industry.
Create and share your
procurement program
with potential suppliers.
Create Procurement
Catalogs and embed
into your website.

10. Reduce Product
Information
Management costs
using product
information created by
Experts.
Invite your Suppliers
to pace information
about their products in
Actualog, and get the
complete,
multilanguage and
unified product
description.

11. Use advantages of procurement centralization. Search for products,
compare and find the best products using characteristics and parameters.

12. CONTACT ACTUALOG
Kate Koltunova
CEO Actualog
Elena Prikhodko
Sales and Marketing director
kate@actualog.com
+7 911 250 22 47
elena.prikhodko@actualog.com
+7 911 711 19 19
WWW.ACTUALOG.COM