Our Strategic Solution
Achieve These Outcomes with Lexi
Spend Management
The first step to smarter sourcing is clean, consolidated spend data. Lexi delivers transparency across suppliers and sub-suppliers, unlocking cost visibility and savings opportunities. With up-to-date analytics and intuitive dashboards, teams can identify trends, optimize spend, and drive purchasing decisions.
Savings Funnel
Unlock up to 15% savings in the first year with the Lexi Savings Funnel targeting production and BOM costs, then driving +4% per year in ongoing annual savings through continuous cost monitoring. Lexi highlights key savings opportunities, helping teams focus on actions that deliver measurable, long-term value.
RFQ Management
Streamline the quotation process using Lexi’s RFQ module to generate and analyze responses, identifying savings opportunities through Lexi’s business intelligence and quotes. Collaborate seamlessly with suppliers and internal teams to accelerate decision-making and improve sourcing outcomes.
Contract Price
Transforms procurement by monitoring the agreed prices being implemented, maximizing negotiation power through tools like spend analytics and RFQ capabilities. Lexi ensures contract compliance at every step, helping avoid overpayments and strengthening supplier accountability.
Boost Profits with Spend Visibility
We help you manage spending, find hidden opportunities, and improve your supply chain. Our platform provide clear cost visibility, continuous price tracking, and a proven Savings Funnel for significant reductions. Plus, our RFQ module sharpens your negotiation power. Save up to 15% in year one, and keep the savings coming.
Minimize Disruptions with Risk Insights
We help corporations avoid risks at both the product and component level by tracking lifecycle, supply chain, and environmental risks through our modules and reports. Our platform provides clear insights into potential supply chain disruptions, lifecycle issues, supplier dependencies, and compliance risks, enabling you to take proactive measures before problems arise.
Full Compliance Visibility and Control
We help you stay compliant with sustainable sourcing, product safety, carbon reporting, and trade regulations by monitoring material origins, emissions data, and other key compliance factors. With this visibility at your fingertips, you can make informed decisions, align with global standards, and protect your business from costly setbacks.
Boost profits. Minimize disruptions. Ensure full compliance.
That’s Lexi BOM Management.
Our Purpose
Built for Procurement
Price List Monitoring+
Tracking supplier pricing and BOM costs is often a time-consuming, manual task repeated monthly, quarterly, or yearly. Lexi automates this process using the proven Plan–Do–Check–Act methodology. With intelligent reporting, you can continuously monitor price developments for each product and material, measure cost impact and avoidance, and ensure full contract price compliance, all in one transparent platform.
Supply Chain Resilience+
Component Manufacturer Collaboration+
Modular Implementation+
Forecast Visibility+
Quota Management+
Inventory Management+
Cost Breakdown+
Implemented Savings+
