LCM Purchase 
LCM Purchase supports the purchasing organization with functionalities for demand management, supplier selection, supplier evaluation and supplier relationship management, with the treatment of procurement projects (tenders, auctions offer-comparisons, etc.), in contract creation and execution and in risk management. In addition, in purchasing control and exchange of ERP data, e.g. with SAP and Navision, among others, LCM Purchase offers valuable processing and information improvement for procurement organizations.
With LCM Purchase, users achieve more transparency, reporting improvements and a reduction of the purchase prices and the internal procurement costs. Additional optimization potentials can be implemented in the contract management, supplier evaluation and supplier connection areas. LCM Purchase provides valuable support for the exercise of the procurement function in corporations.
Major features and functions or the modulary designed application
LCM Purchase | | LCM - Supplier Master Data Management | | Configuration and administration of supplier specific data | 
| LCM - Supplier Relationship Management | | Supplier assessment, classification and development; Supplier Scorecard |
| LCM - Material Group Management | | Material group management and strategic assessment |
| LCM - Supplier Portfolio | | Structured and standardized query of supplier data |
| LCM - Supplier Controlling | | Spend analysis, action planning and controlling |
| LCM - Procurement File | | Bid invitations, offer comparison, supplier shortlist, history |
| LCM - Supplier Portal | | Exchange of supplier data (Collaboration Management) |
| LCM - Supplier Self-Assessment | | Online registration and qualification portal for suppliers | | |
| LCM - Base Module (obligatory) | | Contract management, business logic, management of contacts and terms,... |
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