Procurement software for FMCG and consumer goods
FMCG procurement is high-volume and margin-sensitive: ingredients, packaging, co-packers, and logistics services, bought repeatedly from many suppliers. Krayuv gives sourcing, supplier management, and purchasing one connected process so repeat buys are fast and comparable.
Procurement challenges in FMCG
High volume of repeat purchases
Many small, recurring orders make manual requisition and approval handling a constant drag.
Margin pressure and price volatility
Ingredient and packaging prices move, so teams need fast, competitive sourcing events and clear price comparison.
A wide and changing supplier base
Packaging, ingredients, and contract manufacturers mean frequent onboarding and a need to keep records current.
Invoice volume
Large numbers of invoices make manual matching slow and let errors through.
How Krayuv addresses them
RFQs with side-by-side comparison
Send quotation requests to shortlisted suppliers and compare responses on the same basis.
RFQ software →Five auction formats
Reverse, forward, Dutch, Yankee, and CBA auctions in one live bidding room.
Reverse auction software →Self-application supplier portal
Let prospective suppliers apply and submit their own details to a single supplier record.
Vendor management →OCR invoicing and automated matching
Capture invoices with OCR and match them against purchase orders and receipts automatically.
Procure-to-Pay →
A typical FMCG procurement workflow
Qualify suppliers
Onboard packaging, ingredient, and service suppliers into one record with checks.
Run a sourcing event
Use an RFQ or a live auction to get comparable prices quickly.
Order with approvals
Turn the award into a purchase order with the approvals your policy requires.
Match and pay
Capture the invoice, match it automatically, and review only the exceptions.
Frequently asked questions
Is Krayuv suitable for packaging and ingredient sourcing?
Its RFQ, auction, and supplier management workflows apply to any category where you source from a qualified supplier base. Category-specific needs such as specifications and certifications are worth walking through in a demo.
Can we run quick price-comparison events for commodity inputs?
Yes. RFQs and reverse auctions can be used for short sourcing events, with live bid updates and automatic time extension on auctions.
Does it reduce manual invoice handling?
Invoices are captured with OCR, including GSTIN extraction, and matched automatically against purchase orders and goods receipts, with exceptions routed to a dashboard.
See Krayuv on your FMCG procurement process
Book a short call and we'll walk through the platform against how your team sources, buys, and pays.