Why should manufacturing companies focus on “procurement”?





Many companies think of equipment investment, new product development, or stronger marketing initiatives when trying to improve margins.

But these approaches require huge budgets—and a long time.
Procurement cost reduction is different.

? Cost of Goods Sold (COGS) accounts for more than 50% of revenue.

? Reducing purchase prices by just 1% can increase operating profit by several percent.

⏱️ Equipment investment or R&D may take months or years, but procurement savings can be achieved within just three weeks.

⚡ And it delivers immediate results without additional CAPEX or OPEX.
In other words, procurement is the fastest, lowest-risk lever for boosting profitability.

? Improve profitability with PLYN
PLYN by AIgement is an AI solution built for manufacturing procurement teams.

1. AI Cost-Reduction Module
Analyzes procurement data, identifies savings opportunities, builds strategies, and automates RFQ execution and quotation analysis.

2. Operations Automation Module
Automates up to 98% of repetitive tasks—such as ordering, RFQs, and closing—so your procurement team can focus on strategic work.

? Procurement is no longer a support function.
It can now become the core department that protects and improves your company’s profitability.

Contact: shcho@aigement.com

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#Manufacturing #ProcurementTeam #CostReduction #ProcurementInnovation #PLYN #Automation #SupplyChain