Sourcing Director is an on-demand bid management solution that helps you achieve significant process efficiencies and cost savings over traditional paper-based bid and auction processes. By automating the entire bid process from start to finish, you’ll be done in days instead of weeks.
This strategic sourcing solution includes secure support for sealed bidding, informal quotes and reverse auctions. From a standard Web browser, suppliers register and respond to bid opportunities providing increased accuracy and easy capture of complex award criteria. It’s a highly efficient process for creating, issuing and managing bid requests, reverse auctions, and supplier response submissions and bid awards.
Sourcing Director streamlines supplier recruitment.
- RFx Process - Manage and expedite the bid creation process for RFxs – all from a single platform.
- Reverse Auction Capability - Create auctions, invite supplier participants, monitor and control the reverse auction process in real-time from open to close.
- Supplier Portal - Provide self-service access for registered suppliers to view events, enter responses, review award decisions and manage their own profiles. Our intuitive, Web-based interface reduces administrative overhead for your purchasing personnel.
- Analyze Events - Easily graph and highlight key event information.