The Features of our Innovative Software.

DISCOVER THE POWER OF OUR DATA-BASED SHOULD COST SOFTWARE.
SUPPLIERS CAN NO LONGER GET AWAY WITH OVERCHARGING THEIR CUSTOMERS.

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Visual of features wtp data insights raw materials whats the price

Insights into raw materials

On average 50% of the price of a product is determined by the commodity prices. Often however, buyers don’t have enough time to find a good source to check the prices claimed by the supplier. Within WTP you quickly get an insight into the price developments of all important raw materials. This saves a lot of time and will simultaneously increase your negotiation authority with the supplier.

Insights into raw materials

On average 50% of the price of a product is determined by the commodity prices. Often however, buyers don’t have enough time to find a good source to check the prices claimed by the supplier. Within WTP you quickly get an insight into the price developments of all important raw materials. This saves a lot of time and will simultaneously increase your negotiation authority with the supplier.

Cost structure per industry

Each industry has a unique and specific set of cost drivers which are stored in the WTP database. Buyers can now use those cost drivers that have a large impact on the cost price of a product during negotiations.

visual of features wtp cost structure per industry whats the price
visual of features wtp impact of large volumes whats the price

The impact of volume

When the purchase volume increases, fixed costs do not increase. It is time-consuming to calculate the effect of larger volumes on your buying price. WTP calculates the impact of a volume increase for you. With this information you will enter negations well prepared and it will put you in a good position to save costs.

The impact of volume

When the purchase volume increases, fixed costs do not increase. It is time-consuming to calculate the effect of larger volumes on your buying price. WTP calculates the impact of a volume increase for you. With this information you will enter negations well prepared and it will put you in a good position to save costs.

visual of features wtp impact of large volumes whats the price

Should Costing

Should costing is a systematic way to analyse the cost structure of a product to make an estimated guess of its price. Normally this is done bottom up and takes considerable time to calculate. WTP uses big data to analyse this in only 5 minutes.

Photo WTP Software feature should costing

Complete reports

A complete report with a should cost structure creates authority, but it also takes time. In WTP a should cost report based on facts is made in several minutes. This way you can spend your time focussing on preparing for the negotiation.

Complete reports

A complete report with a should cost structure creates authority, but it also takes time. In WTP a should cost report based on facts is made in several minutes. This way you can spend your time focussing on preparing for the negotiation.

complete reports wtp whats the price
photo Michiel Mak Bouwmaat whats the price wtp software
Thanks to WTP we had broken down the costs of over 100 different products within no time and that’s when the party started. I was curious as to whether a cost price breakdown would unearth anything with a large premium brand supplier like Knauf. After some research within WTP I concluded their margin was extremely high and that we were providing the sales against minimal compensation. Enough reason to find out whether there was an opportunity for creating a private label, and there most definitely was! By using insights, provided to us by WTP, we successfully developed a private label that allowed us to make a large margin of over 40%…
Read More Customer Stories.
Michiel Mak, Manager Category Management & Procurement Bouwmaat

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