Sourcing 

Module

The Sourcing Module is designed to help companies overcome these challenges. A unique solution, The Sourcing Module is the most widely adopted and complete strategic sourcing offering in the marketplace used by thousands of companies to create and implement competitive best-value agreements. By combining best-in-class sourcing and negotiation technology with access to a global network of suppliers and unparalleled strategy and category expertise, The Sourcing Module enables companies of any industry, size, or geography to drive fast, sustainable results by automating and streamlining critical tasks across the sourcing lifecycle, including:

  • Strategy Development - Identify savings opportunities, assess market dynamics, and develop an informed sourcing strategy
  • Sourcing and Negotiating - Identify and qualify suppliers, negotiate best-value agreements, derive optimal award allocations, drive project collaboration, and standardize processes and manage knowledge
  • Monitoring and Managing Suppliers and Agreements - Quickly implement supplier agreements, track and realize savings, and manage supplier performance AiSourcingTM delivers more frequent innovation to ensure speed, consistency, and repeatability and is proven to deliver tangible, bottom-line value for organizations of all sizes and industries.

Features

Technology and Benefits

  • RFX Creation and Management
  • A broad set of RFX types, including RFI, RFP, reverse auctions, and forward auctions
  • Integrated supplier discovery
  • Rapid RFX creation
  • Competitive bidding and timing options
  • Sealed envelope bidding, Dutch auction, and total cost events
  • Bottom-line results – Realize immediate savings of eight to 14 percent now
  • Discovery of new qualified suppliers through integrated AiDiscoveryTM to improve bid competitiveness
  • Agility – Achieve significant reductions in sourcing cycle times by 50 percent and administrative costs by 15 percent
  • Flexibility – Walk-up on-demand application combined with a rapid deployment process and integrated support services places no burden on IT departments
  • Efficiency – Sustainable organizational knowledge through in-context intelligence
  • Global Reach – Trade globally with support for multiple languages and currencies
  • Lower TCO –delivery with faster time to value and faster innovation
  • Mitigated supply risk through continuous performance measurements and improvement
  • Matrix and tiered pricing
  • Bid optimization and decision support
  • Flexible supplier bidding options including buyer and supplier bundles
  • Supplier response management
  • Team grading and collaborative scoring
  • Conditional content, table questions, and event pre-requisites
  • Communications and messaging
  • Global, multi-lingual, and multi-currency capabilities
  • Category Management
  • Project management
  • Workflow and approval management
  • Document management
  • Knowledge management
  • Resource management
  • Sourcing analysis and reporting
  • Integration to third-party systems using Web services and fle channels
  • Savings pipeline and tracking

Community

  • Integrated access to the AfricaPLC Network, the world’s largest trading community for efficient and effective supplier discovery, qualification, risk assessment and more competitive negotiations
  • Unique peer benchmarking program with dedicated customer success teams

Capabilities

  • Expertise and best practices delivered via flexible delivery model ranging from onsite consulting to web-based templates
  • Bundled Empowerment Support Services, including basic product support, event day management and sourcing support desk

AfricaPlc Platforms Demo Videos