Online eSourcing
Companies must be able to effectively analyze and track spend to drive bottom line improvement. Starting with our comprehensive Spend Analysis module, you can identify key spend areas to negotiate on using our advanced eSourcing platform.
Awarding contracts via an eAuction is only one element of an effective and sophisticated procurement process. The pre-qualification, evaluation and weighting of potential suppliers are just as important.
Traditional sourcing requires manual market screening and supplier identification, appraisal and selection, followed by time-consuming and often difficult negotiations with several providers.
In contrast, the Scanmarket eRFx module facilitates this process: all appropriate information is gathered and evaluated via an online Request for Information (RFI), which can then be processed for use in a Request for Quotation (RFQ) or Request for Proposal (RFP) and potentially in a subsequent negotiation via the eAuction module.
The Contract Management module ensures successful and ongoing implementation and compliance, thus providing overview and visibility from initiation to re-negotiation.
Advantages of online Sourcing
Compared to traditional purchasing methods you gain a number of advantages by adopting online negotiation tools;
- Greater transparency within the buying process – as all data and interactions are logged and can therefore easily be accessed for future scenarios
- Streamlined methodical approach for all buyers within your organization – as the Scanmarket eSourcing platform provides you with an easy to use platform for all your procurement needs.
- Optimization of your supply-base - e-tools makes supplier comparison and subsequent supplier improvement much easier, as all data can be exported for deeper analysis.
- The quality of the services and products which you procure will improve, as the Scanmarket eSourcing platform also gives you the option to incorporate ‘‘qualitative’ values, such as switching costs and weightings into your decision making process.
- All in all this can yield you significant savings, which, combined with the money saved in time, can directly benefit your bottom line.
The entire procurement process is handled using one integrated platform, fully documenting each step. The data captured can be processed and reused, saving time and money for buyers in future events.
