Procurement & Sourcing

Source smarter. Take cost out without adding risk.

Sourcing, open-book cost models and spend on one connected record, with supplier quality and compliance beside every price. Find the savings, and protect your supply.
Foods Connected procurement and sourcing screens

Better sourcing starts with the full picture.

The problem

Your supplier, specification, cost and compliance data sits in separate systems. Savings stay hidden, market shifts arrive late, and the cheapest option can carry risk you can't see.

The solution

Your supplier, product and cost data on one platform, so you find savings, see market shifts early, and protect quality and security of supply.

42%

of procurement leaders rank supply disruption as the biggest risk, with compliance issues tied for third at 32%. (Gartner, 2024)

70,000+

suppliers already on the platform, so their data is there before you negotiate.

3 to 6%

average annual cost savings from sourcing on connected supplier, cost and quality data.

25+

capabilities on one platform, connecting sourcing to suppliers, specifications and quality.

A walkthrough of a price move, from alert to sourcing decision.

Better sourcing decisions, backed by trusted data.

  1. Negotiate from strength

    Start every negotiation with performance, cost and compliance in view.

  2. Open-book costing made easy

    Cost models built on connected data that stays current.

  3. Cost and risk together

    Market moves and supplier risk shown beside every price.

  4. Consolidate with confidence

    Consolidate spend without losing sight of risk.

Source, cost and negotiate smarter in one place.

network

Run sourcing events and negotiations in one place.

  • Manage sourcing events and negotiations beside supplier and product data
  • Compare suppliers and products side by side, on live data
  • Start every negotiation with the full picture
  • Impact: every quote is compared against the same specification.
Run sourcing events and negotiations in one place.

Numbers buyers trust. Simple for suppliers.

Everything your buyers need in one place

Purchasing, cost and supply planning on the same live data.

  • Costs built from connected ingredient and yield data
  • Scenarios compared against budget
  • Supplier risk shown beside every price
  • Purchasing
  • Negotiations
  • Order management
  • Forecasting
  • Cost & yield
  • Spend analysis

From connected data to confident sourcing decisions.

  1. Connect your data

    Bring supplier, product, cost and compliance data together on one platform.

  2. Compare and negotiate

    Evaluate suppliers side by side and negotiate with full visibility.

  3. Understand your costs

    Build open-book cost models from connected supplier and specification data.

  4. Consolidate and report

    See spend across suppliers and categories, with board-ready reporting built in.

Cost decisions informed by supplier, quality and specification data.

Your buyers see approval status, quality performance and sustainability data beside every price.

  • 13

    Approval & Compliance

    Sourcing decisions made with supplier risk in view

    Explore more →
  • 14

    Food Safety & Quality

    Quality performance visible beside every supplier

    Explore more →
  • 16

    NPD & Specifications

    Costs built from the specifications and recipes you already hold

    Explore more →
  • 18

    Sustainability

    Sourcing with ESG performance in view

    Explore more →

What our customers say about Foods Connected

“We've been able to make decisions based on live supply chain data - something we never had before. In terms of impact, going up a tier in our BBFAW impact rating is something we couldn't have done without the system.”
Ellie WotherspoonFood and Beverage Sourcing Manager, Whitbread

Built for how food businesses work.

retailers
Food retailers

Own brand and everything you range

Typical challenge: managing cost and supplier choice across thousands of own-brand and third-party lines.

For food retailers →
qsr
Foodservice & QSR

Every ingredient, across every site

Typical challenge: buying consistently across sites as menus and prices change.

For foodservice & QSR →
audit
Food manufacturers

Every input you buy, source to shelf

Typical challenge: keeping cost models current as ingredient, packaging and energy prices move.

For food manufacturers →

Guides and case studies on sourcing, cost models and supply risk.

Resources

Go deeper on this solution

Guides, reports and expert articles to help you act on what you have just read.

FAQs

Where does the cost data come from?

Cost models are built from the ingredient, packaging and yield data already held in the platform, so they update as your inputs change.

Does it work with our existing ERP?

Yes. It works alongside your ERP and existing systems, with proven SAP integration.

What is procurement and sourcing software for food businesses?

Procurement and sourcing software manages sourcing events, supplier negotiations, cost models and spend. Foods Connected holds them on the same record as supplier compliance, quality and specifications, so you see the risk behind every price.

How does Foods Connected help with supplier negotiations?

Supplier performance, cost and compliance data sit in one place, so you can compare suppliers and products side by side and start every negotiation with the full picture.

How do open-book cost models work in Foods Connected?

Models are built from the ingredient, packaging and yield data already in the platform, so you can see how each input affects unit cost and margin, and compare scenarios against budget.

How does Foods Connected help us anticipate market risk to pricing?

We surface insights beside your cost models and quotes, including each supplier’s compliance and quality record and external market risks that could affect pricing, so you can act before they reach your costs.

How long does implementation take?

It depends on how many categories, suppliers and cost models you bring across. We plan the rollout with you and support every step.

Can we build templates without IT resource?

Yes. The form builder lets your team build and change templates and workflows without an IT ticket.

Ready to talk?

Book a demo to see how Foods Connected helps you source on connected data and take cost out without adding risk.

  • Tailored to your supply chain
  • Led by a food industry specialist
  • Takes two minutes to book