Solutions
ROI of the Category One Platform
is undeniable!
Sourcing tools are fast becoming the most widely used way
of engaging suppliers to get pricing, product and proposal
information.
What’s driving this is the need to compete more effectively
and be more cost-efficient. The ROI is undeniable.
It’s proven that :
| • |
Suppliers bid lower in an online
environment |
| • |
eSourcing tools compel suppliers to respond
to bids in the formats you want, in the time frame you
require, and creates an audit trail—compliant with
Sarbanes Oxley. |
| • |
The usual 8 week process of bid collection
is compressed to1-2 weeks. |
| • |
The Sourcing process takes 30% -70% less
time, and yields 5-15% lower prices than typical multiple
round negotiations |
The Category One platform includes four
modules:
Supplier Management-
manages your supplier profiles and keeps them engaged with
the platform via email.
RFX-
engage suppliers in questionnaires and bid response forms
and templates. Analysis tools and multi-round capability built
in and you can invite your Team Members. Easy download to
excel.
Auction-available
in over 100 formats, including multi attribute, Dutch, forward
and reverse, multi lot and blind bidding. No bid situation
is too complex for our Auction.
Contract Manager-
Stores contracts, in all revisions, and summarizes terms for
easy access. Launching this quarter!
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