Lasso procurement software tailored for the consumer packaged goods (CPG) industry addresses the fast-paced, high-volume demands of sourcing raw materials, packaging, and production supplies.

Speed to Market:
Accelerate procurement of ingredients, packaging, or equipment to meet tight product launch deadlines. Real-time supplier coordination ensures materials arrive in sync with production schedules.

Cost Efficiency:
Track spending on high-volume items—like sugar, plastics, or labels—against budgets. Analytics identify savings through bulk buys, supplier consolidation, or price trend insights, boosting margins.

Supplier Performance Management:
Evaluate vendors for reliability, quality, and pricing consistency (e.g., on-time delivery of flavorings or packaging). This ensures a dependable supply chain for uninterrupted production.

Demand Responsiveness:
Adjust purchasing dynamically based on sales trends, seasonal spikes (e.g., holiday packaging), or promotional campaigns, ensuring supply keeps pace with consumer demand.

Reduced Waste:
Order precise quantities of raw materials and packaging based on production runs and shelf-life data, minimizing spoilage or excess inventory in a fast-turnover industry.

Quality Control:
Embed product specifications (e.g., food-grade materials, branding standards) into procurement processes, ensuring sourced goods meet regulatory and consumer expectations.

Faster Approval Workflows:
Automate requisitions and POs, routing them to managers instantly. This speeds up purchasing decisions for time-sensitive needs, like limited-edition product inputs.

Enhanced Traceability:
Maintain detailed records of sourced items—lot numbers, expiration dates, or supplier origins—for quick recalls or quality checks, vital for food safety and brand trust.

Support for Innovation:
Streamline procurement of new materials or packaging for product development (e.g., sustainable wrappers, novel flavors), enabling R&D teams to test and launch innovations quickly.