Sourcing Projects & RFX
End-to-end sourcing project management of all spend types
Manage sourcing projects better
Define and track project progress, teams involved, communication, documents, tasks, dependencies and more.
Gather key stakeholder requirements, collaborate with flexible workflows.
Create or reuse different types of RFx templates, questionnaires and workflows to get started fast.
Achieve the best outcome
Analyze all scenarios by scoring and comparing bids, optimization, split awards by percent, quantity or value and simply flip an RFX into a contract.
Host auctions in competitive categories to find the best value
Launch an auction in no time
Initiate multiple types of auctions from RFQ bids and manage auctions across multiple lots.
Receive real-time updates as suppliers bid or message.
Understand the impact
“What-if” scenario modeling, gain simulation analysis and multi-criteria ranking.
A 360-degree view, or “cockpit”, for strategic category action and perspective
Create and manage strategy
Define and roll-out category-wide objectives and incorporate all relevant organizations, stakeholders, suppliers and ensure all are working towards the same objectives
Socialize strategy and collaborate
Efficiently collaborate and share knowledge across teams to ensure a consistent and comprehensive strategy for a given category.
Monitor, and see the impact
Formally create category action plans and track savings against with Savings Tracking
BOM Lifecycle Manager
Turn the Bill of Material into your sourcing dashboard
Achieve your targets
Manage your product’s bill-of-materials (BOM) through the sourcing, costing and supplier
Evaluate supplier selection strategies fast
Quickly create scenarios to quickly evaluate supplier selection strategies
Manage supplier engagement throughout product lifecycle
Easily launch business processes (e.g., sourcing, quality, P2P) at the component level and the BOM view.