Vivecon was founded in 2000 by the leading experts in the application of financial engineering techniques to real world supply chain problems. After successfully applying these approaches at a variety of Fortune 1000 companies, they founded Vivecon to deliver the benefits of their strategic sourcing approach on a broader scale. Today, Vivecon is helping companies transform procurement by providing a solution to quantify, structure, execute, and monitor sourcing performance and the supply agreements that drive it. Through an integrated solution of software and services, Vivecon provides companies with the capabilities to meet these sourcing challenges. For the first time, procurement teams have the ability to rigorously quantify total sourcing cost and risks, evaluate trade-offs across material, inventory, and shortage costs, and create new supply agreements that deliver real savings over time.