Step 1
Procurement sets the cadence
Schedule price update events around contract terms and category-specific review cycles.
Continuous procurement
Turn historical procurement insights into your ongoing edge. Arkestro manages pricing, catalogs, and agreements over time, so value doesn’t leak between sourcing events.
Core capabilities
Replace calendars, trackers, and ad hoc follow-up with scheduled, structured events and an always-on view of activity. Pricing maintenance becomes a predictable workflow.
Price update events use the familiar Arkestro event experience with a different intent: cooperative, not competitive. Suppliers confirm current pricing and capture changes in a standardized format with built-in validations, and no logins required.
Consistent identifiers help suppliers quote the right items cycle over cycle, keeping catalogs and price books accurate over time.
Every price is versioned automatically across SKUs and suppliers, building a historical record over time. Use that data to update agreements, amend contracts, and support supplier reviews across your existing systems.
Capture value at every step of your procurement pipeline
Pricing that stays true to contract
Catalogs update automatically as terms change, so procurement sees accurate pricing and the right suppliers every time.
POs that clear the first time
Accurate pricing means purchase orders go through clean and orders ship on schedule, every time.
Hours that go back to your team
Category managers spend less time repairing price books and more time on the work that moves procurement forward.
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FAQ
Common questions about keeping pricing and catalogs accurate over time.
Continuous procurement keeps negotiated pricing, catalogs, and agreements maintained between sourcing events through scheduled price update events, so value does not erode after the award.
Cadence follows contract terms and category volatility. Commodity-linked categories may need quarterly updates, stable indirect categories annually. Arkestro schedules events to match.
Stale pricing leads to off-contract rates, rejected POs, delayed orders, and hours spent reconciling discrepancies. Scheduled updates keep price books matched to your agreements.
No. Price update events are cooperative, not competitive. Suppliers confirm current pricing in a standardized, validated format instead of quoting against each other.
Yes. Every price is versioned automatically by SKU and supplier, building a record you can use for supplier reviews, contract amendments, and validated CSV exports.
Price history shows where value is eroding. When updates reveal rising prices, that category becomes a candidate for reintroducing competition through a sourcing event.