Sourcing — Features and Expertise
20 Years of customer focus
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This page has features and expertise information on the e-sourcing tools and intelligence that drive superior sourcing results.
“From supplier qualification to negotiation and awarding, the sourcing solutions are what an experienced team really needs.”
Supplier identification and list management
Objective-driven visibility for need recognition and prioritization
Category management and spend analytics for purchasing target creation
Prospective supplier discovery, self registration, and classification
Approved and new vendor list management across multiple spend categories
Supplier qualification and information solicitation projects
RFI, RFP, and survey creation tools for direct, indirect, and service categories. Sourcing templates to save event techniques, knowledge, and structure for future use.
Supplier invitation
Supplier invitation and event management tools for supplier qualification
Solicitation and response
Intuitive information solicitation creation and response submission interfaces
Project roles
Sourcing project roles to maximize project collaboration and share knowledge
Supplier negotiation and bid solicitation projects
Multiple RFX negotiation types and pricing formats for sourcing events. Hierarchical line item structure, sealed bid, time-based pricing, and multi-round negotiations.
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Live event participation
Intuitive event creation and bid interfaces, real-time analytics, and supplier messaging
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Structured collaboration
RFX Event set up, review, and scoring roles for structured collaboration
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Holistic negotiations
Multi-parameter, multi-format, multi-line, and non-price factor negotiations
Grading, awarding and post-award
- Supplier selection or awarding
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Side-by-side, line-by-line comparisons and multiparameter scoring for bid analysis
Team-based, collaborative scoring and judging or automated scoring
Advanced, constraint-based analysis, scenario builder, and award proposal
Award by line item, award by response / bid, or automatic awarding
- Post-award
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Clear audit trails, archiving, and search tools for completed sourcing events
Graphical event summaries and breakouts for ongoing evaluation and improvement
Information collection and feedback tools to collect supplier performance data
Supplier scorecard and searchable KPI library (when bundled with Epiq Supplier)
- Visibility and dashboards
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Comprehensive reporting and analysis on sourcing events, trends, and suppliers
Intuitive workflow with reusable templates and defined, repeatable processes
Event dashboards with configurable views, alerts, and real-time notifications
System roles to grant access based on buyer groups, locations, or organizations
- Expertise and support
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Solution set up, deployment, and configuration to ensure match with sourcing goals
Buyer training with best practices, execution, and optimal event structuring
Event day management, sourcing desk support, and site administration and set up
Implementation support, solution roll-out to maximize organizational adoption
- Infrastructure
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Hosted, best-of-breed solution designed for internet delivery with web services
Multi-channel technical and help desk support to aid buyers and sourcing events
Secure architecture and structure designed to protect people, events, and data
Industry standard facilities, network, and equipment for optimal performance
