Inflation Monitor App
The Inflation Monitor App monitors the impact of inflation with an in-depth analysis of material price variations and their effect on procurement spending.
About the App
Uncover and quantify improvement opportunities in procurement to reduce spend. Improvement opportunities are contract leakage, purchasing without contracts, and multiple suppliers for the same materials.
Counteract inflationary pressure and optimize the spend by taking action with Celonis Action Flows and the Open PR Processing App.
Views Available
The Inflation Monitor App has three views:
The Inflation Monitor View focuses on a high-level overview for managers.
The Material Deep Dive View focuses on deep dives for daily operational users and provides a prioritized list of orders, pinpointing issues and suggesting recommendations to resolve the issues.
Material Price Table View shows the evolution of unit prices paid for a specific material over time.
Examples: Inflation Monitor Views
