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Free Procurement Tools and Calculators

Kurums · 10 free Procurement tools

Free Procurement Tools and Calculators

Ten tools for sourcing decisions and supplier reviews: compare vendors on more than price, see the full cost of ownership, set reorder points and report the savings you actually made.

Compare and choose suppliers

Price, order and pay

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Report spend and savings

Buying on total cost, not unit price

The lowest quote is often not the cheapest supplier. The total cost of ownership calculator adds years of running costs such as maintenance, licences and energy to the purchase price, and the vendor comparison tool scores two to four suppliers on price, lead time and quality together.

For repeat purchases, the volume price break calculator shows which price tier your order quantity falls into and the extended price, so you can see what ordering up to the next break would cost. The reorder point calculator tells you when to order so stock does not run out during the supplier's lead time.

When a supplier offers a discount for paying early, the early payment calculator shows what paying those days early costs you at your own cost of cash, so finance can set it against the discount on offer.

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Frequently asked questions

Are these procurement tools free?

Yes. All ten tools are free and need no sign-up. Supplier names and prices you type stay in your browser.

How is a reorder point calculated?

Average daily use times supplier lead time in days, plus safety stock. The reorder point calculator shows the lead-time demand and the safety stock separately, so you can raise the buffer for less reliable suppliers.

Is a 2/10 net 30 discount worth taking?

Usually yes. Paying 20 days early to save 2% works out to an annual rate of roughly 37%, which is higher than most companies earn or pay on cash. The early payment calculator shows the cash cost of paying early at your own rate, so you can compare it with the discount in money terms.

How should procurement savings be reported?

Report savings against a stated baseline, such as the last price paid. The savings calculator gives the saving per unit, the annual saving at your expected volume and the percentage against the baseline, and shows a negative result as a cost increase.

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Results depend on the figures you enter; check them against your own records before you rely on them. Last updated: October 2026 · Kurums editorial team.