“We are businesspeople in procurement, not procurement people in business.”

As a company that is exposed to everchanging commodity prices, the commodity price analyses need to be contextualized. This means that Damm adjusts commodity price analyses to the company’s strategy to make ideal buying decisions. This also contributes to Damm’s agility, as it can better adapt to the market and volatile commodity prices.

Damm subscribes to the services’ Forecast, Academy, Price and Reports modules provide users access to a wide range of short– and long-term commodity forecasts, an E-learning tool and streaming of past webinars. The reporting tool enables users to create customized reports that can be distributed to stakeholders. The Price module is a charting-based tool that holds the pricing information of a large amount of commodities.

Damm now is well prepared for shifts in price developments in the commodity Market. The service enables Damm to make fast and fact-based decisions. As a result, the internal position of Damm’s procurement department has been strengthened.