Global disruptions, erratic pricing, and siloed data make it hard for companies to achieve cost transparency, forecast accurately, and negotiate with confidence. Traditional inflation indices simply aren’t enough.
That’s why Siemens Energy partnered with Beroe to co-develop Inflation Watch – an industry-first inflation management solution designed for today’s volatile supply chains.
With Inflation Watch, Siemens Energy has:
- Tripled spend under management ($500M → $1.5B) without adding headcount
- Unlocked $1M savings in a single raw material category in one quarter
- Cut contract creation time from 30+ hours to under 10 minutes (180x faster)
- Improved forecast accuracy and strengthened supplier negotiations
Inflation Watch’s intuitive interface has enabled commodity managers and raw material purchasing teams to visualize compounded cost trends and make more informed decisions swiftly. Better information obtained in a timely manner ultimately leads to efficiency, cost savings, and improved collaboration across departments.
Alexander Russ, Head of Direct Material – Siemens Energy
