Manufacturing
Early warning when supplier prices move
A fabricator asks ORA to watch input prices and warn before they land in a quote.
Before
Price rises were discovered when an invoice arrived — after quotes had already gone out at the old cost.
The request
“Watch supplier price changes and warn me early”
The work packages 8ORA made
- 01List the inputsIdentify the materials and parts that actually move margin.
- 02Track the movementCompare current supplier pricing against the figures used in quotes.
- 03Show the effectTranslate each change into its impact on the affected products.
- 04Draft the warningA short note for whoever prices work, with the numbers attached.
- 05Suggest quote updatesPropose which quotes and price lists need revising first.
Where IrisKey steps in
Updating a price list, or writing to a customer about a rise, waits for your approval through IrisKey.
What changes
Honest outcomes.
- Increases are noticed while quotes can still be adjusted, not after the invoice.
- The impact is expressed per product rather than as a percentage on a supplier letter.
- Pricing decisions stay with the person accountable for them.
What it does not do
- It can only watch sources you connect or supply.
- Nothing is repriced automatically.
This is an illustrative example written by us to show how 8ORA works. It is not a customer story, and it contains no client names, figures or claimed results.