Data and Spend Management
Uncover opportunities for cost savings with iTrade’s Data/Spend Management solutions.
Buy the right products, at the right prices.
iTrade’s Data/Spend Management automates the collection and standardization of unit-level invoice data, allowing you to manage by exception and uncover opportunities for cost savings. These solutions allow operators of all sizes to increase visibility across the entire supply chain and gain insights needed to make smarter business decisions. With Spend’s actionable insights, you can ensure that your units are buying the right products and paying the right prices and start seeing savings immediately.
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Growers & Shippers
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Manufacturers
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Logistics Providers
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Distributors
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Retailers
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Operators
Pay the right price for the right products
- Reduce food costs by up to 5%
- Enhance product quality
- Increase value delivered to franchisees
- Maximize rebate collections
- Provide purchasing, operations and finance with a single data source to make sound business decisions
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Data Management
Map and exchange data in real-time while having access to clean product transaction data through the entire food service supply chain. In turn, paint an accurate picture of your business data to make more informed decisions.
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Contracts
iTrade’s Contracts hub helps manage complete product information to tie back into contracts and spend. Supplement contracts and data with richer product details.
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Inventory
Understand and/or alert at distributor levels to support everyday menu items and limited time offers (LTOs.) Prevent stock outages or minimize overstocking and improve logistical efficiency.
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“Since we’ve been using Spend Management, we’ve learned new ways to analyze and collect spend data. We are looking forward to really digging into the functionality of this application to help us better manage a more efficient supply chain.”
Supply Chain Management Director
P.F. Chang’s