Item Hub is a powerful feature within SourceDay that gives you visibility into the performance of your purchased items, organized by both item and supplier. This tool helps you identify trends, monitor risks, and make more informed purchasing decisions.
Who can access this hub?
Item Hub will be available for all companies at no added cost.
Not seeing this page?
If your data spans multiple sites, we may need your confirmation to enable this page, similarly to the Item Risk report. Please email support@sourceday.com and request access.
What is the item hub?
The Item Hub provides a centralized view of your recently purchased items, displaying one row per item-supplier pair. If an item is purchased from multiple suppliers, it will appear multiple times, once for each supplier, allowing you to evaluate and compare supplier performance.
This view is especially useful for tracking lead times, pricing changes, and potential supply chain risks tied to either the item or the supplier.
What information is included?
Each row in the Item Hub table represents a unique combination of item and supplier. The following data is provided:
Item and supplier details
- Item part number
- Item description
- Supplier name
- ERP vendor ID
- Country of origin - estimated based on vendor address within your ERP or supplier login data
Activity and spend
- Total number of orders over the past 12 months (this is measured by the number of order lines for this item not the quantity on the line)
- Total spend over the past 12 months
Lead time data
- Average actual lead time- days from PO pending to receipt; for 80% of receipts
- Expected lead time - typical number of days from PO pending to original due date. We use the median (middle value) to give a more accurate view that isn't skewed by unusually fast or slow orders.
Pricing insights
- Price year-over-year (YoY) – compares the average unit price on the 5 most recent orders this year to the 5 most recent orders last year
- Price variance – average percent difference between the original and final PO prices
Risk indicators
Price increasing – percentage increase from original PO cut to final price
- If the unit price paid for an item increases year over year by at least 10%, it will be flagged with a ‘Price Increasing’ risk. This is like a ‘part-level inflation’ measure.
- 8% of purchased items have increased over 10% in the last year, causing a typical manufacturer millions in increased spend due to price increases.
Master price issue – large or unexpected price shifts at the PO level
- Master price issue – flagged when price variance consistently exceeds 5%
- 11% of items consistently have the wrong price in master list cost, causing millions in unplanned spend for typical manufacturers.
- This risk is based on PO data and not master price lists within customers' ERP.
Items arriving early – items consistently arriving earlier than lead time
- When an item consistently arrives earlier than it’s expected lead time (over 80% of orders), the item receives an ‘Items arriving early’ risk. This leads to excess inventory, and the risk will include the amount of excess inventory you hold each day due to this item’s inaccurate lead time.
Items arriving late – items consistently received later than lead time
- When an item consistently arrives later than it’s expected lead time, the item receives an ‘Items arriving late’ risk.
Item Hub Views
Item Hub is organized into a variety views designed to help buyers zero in on risks that matter.
All Items - all items, listed by item then supplier, with order history, price performance and variance
All Risks - items with one or more of the Item Risks applied
Global Tariff - items with price risk only
Price increasing risk - sorted by YoY (year over year) pricing changes
Master price issue risk - sorted by the average percent price change
Items arriving too early - sorted by expected lead time
Items arriving too late - sorted by expected lead time
How this helps your team
Item Hub gives your procurement and supply chain teams actionable insight into item and supplier performance. By analyzing trends and identifying risks early, you can:
- Improve inventory optimization
- Plan costs more accurately
- Prevent late orders
- Strengthen supplier relationships
- Gain clarity into cost drivers, including external influences like tariffs