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Explain commodity cost changes.

A supplier increase that exceeds your agreed price formula adds cost to every unit you buy. Duvo checks the proposed price against market indices, contractual lags, and currency rules, calculates the difference across your purchase volumes, and gives procurement the evidence to challenge the change before approving the new price.

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Commodity Price Monitoring

Needs input

Aluminium · SUP-204

Price check
Formula matched
Scope
Packaging
Decision
Approve price

Next action

Reference sources are approved

Procurement defines the accepted indices, lags, currencies, formulas, and effective-date rules.

View the wider product queue

Commodity Price Monitoring

Market indices, contract formulas, current prices, and supplier proposals are compared before a price update is approved.

Adds cases
Index and Contract Data
Processes cases
Price Review
Total

24

Pending

5

Postponed

2

In progress

4

Needs input

3

Failed

0

Completed

10

Add filter
Case
Case Status
Price check
Scope
Decision
Exceptions
Next action
Aluminium · SUP-204
Needs Input
Formula matched
Packaging
Approve price
1
Cocoa · SUP-118
In Progress
Index lag mismatch
Ingredients
Challenge change
0
Diesel · SUP-092
Completed
Threshold not met
Transport
Hold price
0
Palm oil · SUP-331
Pending
Currency variance
Ingredients
Review FX rule
1
Paper · SUP-145
Postponed
Contract missing
Packaging
Request terms
0

Showing 5 of 24 cases

  1. 1

    Approval

    Exceptions pause for the named owner

    Each exception carries the source records, applied rule, recommended action, and the person authorised to decide.

  2. 2

    Price check

    Price check is visible before the action

    Each case shows the market reference, contract formula, proposed price, and value exposure behind the variance.

Turn market and supplier price changes into controlled decisions.

Procurement needs to connect external indices, contract formulas, effective dates, and actual purchase prices before it can explain or challenge a change.

  1. 01Read

    Read indices, contracts, and current prices.

    Duvo reads approved market sources, contract formulas, currencies, effective dates, purchase prices, and volumes.

  2. 02Calculate

    Replay the agreed formula.

    Index movements, lags, thresholds, currency effects, and pass-through rules are applied to the relevant material and supplier.

  3. 03Compare

    Compare the expected and proposed price.

    Each variance is tied to the market movement, contract term, volume exposure, and effective period.

  4. 04Approve

    Your team decides

    Route material changes to procurement.

    Buyers review negotiations, exceptions, substitutions, and supplier-facing positions before action.

  5. 05Update

    Record the approved price and rationale.

    The decision, evidence, validity dates, and approved price update are written back to the procurement record.

Connect market references to the procurement record.

Systems and control details

Duvo can work across external index feeds, contract repositories, ERP pricing, spend data, and supplier correspondence.

commodity index feeds, supplier contracts, SAP purchasing, purchase price records, spend cubes, currency rates, supplier portals, email and shared files

  • Reference sources are approved

    Procurement defines the accepted indices, lags, currencies, formulas, and effective-date rules.

  • Material changes pause for a buyer

    Negotiations, substitutions, contract exceptions, and price updates wait for the authorised owner.

  • Every calculation remains traceable

    The source index, contract clause, formula, input values, decision, and ERP update stay linked.

Contracted guarantee

5x ROI, guaranteed

If measured results fall below 5x the total proposal price, the whole contract is free.

What teams ask about Commodity Price Monitoring

  • Which indices does Duvo use to test a supplier price increase?

    The ones procurement approves. You define the accepted indices, lags, currencies, formulas and effective-date rules.

  • How does Duvo tell whether an increase goes beyond our contract formula?

    It replays the agreed formula with the index movements, lags, thresholds, currency effects and pass-through rules for that material and supplier. It then compares the expected price with the proposed one and ties the variance to your purchase volumes.

  • Does Duvo answer the supplier or accept the new price?

    No. Negotiations, substitutions, contract exceptions and price updates wait for the authorised buyer. The approved price, rationale and validity dates are then written back to the procurement record.

  • Can finance trace an agreed price back to the contract clause?

    Yes. The source index, contract clause, formula, input values, decision and ERP update stay linked.

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