Address
304 North Cardinal St.
Dorchester Center, MA 02124
Work Hours
Monday to Friday: 7AM - 7PM
Weekend: 10AM - 5PM
ABSOLUT SOURCING
Absolut Sourcing is a solution focused on parts purchasing, especially in industries such as maintenance, white goods and manufacturing. It works as an industrial intelligence and uses pre-existing international databases to support the creation of reference prices.
In response to exchange rate fluctuations, Absolut Sourcing guarantees that renegotiations are based on solid data and financial forecasts, contributing to the optimization of long-term supply contracts.
Competitive edge and financial control
Prevent million-dollar losses due to price fluctuations
Beat volatile exchange rates
Deal with volatile exchange rates and quick price fluctuations in commodity prices.
Profit margin
Maintain a specific profit margin over a long-term contract.
Base de dados referencial
+300.000 component specs from multiple countries.
Pricing adjustments
Dynamically adjust prices to ensure profit margins are maintained.
Financial predictability
Negotiations based on robust and up-to-date data, allowing ensuring financial stability and predictability for the company.
Use Cases
H3aven developed a solution for Stellantis that simplifies and optimizes its highly complex procurement process, which involves suppliers, manufacturers, and global distributors.
In Stellantis’s automotive supply chain, purchasing parts requires constant supplier selection and interaction, as well as regular price reviews and approvals.
H3aven proposed the use of Absolut Sourcing to reduce rework and increase efficiency through strategic management of Procurement and Supply Chain operations.