Unverified Pricing in Manufacturer Coordination
Definition
Requisitions forwarded to C&P for pricing solicitation from preferred vendors; failure to confirm availability and price before PO risks higher costs or delays in coordination.
Key Findings
- Financial Impact: 2-5% cost overrun per PO (industry standard for manual procurement)
- Frequency: Per purchase order
- Root Cause: No automated price comparison in manual requisition-to-PO process
Why This Matters
The Pitch: Wholesale Machinery businesses in Australia 🇦🇺 incur 2-5% cost overruns from unverified PO pricing. Automation of vendor quote comparison prevents bad decisions.
Affected Stakeholders
Requestors, C&P Personnel, Approving Managers
Deep Analysis (Premium)
Financial Impact
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Current Workarounds
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Methodology & Sources
Data collected via OSINT from regulatory filings, industry audits, and verified case studies.
Related Business Risks
GST Pricing Errors in Purchase Orders
Manual PO Approval Workflow Delays
GST Errors on Progress Billings
Lost Sales from AR Delays
Customer Credit Approval Delays
Financing Arrangement Cash Flow Drag
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