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Solutions : Sourcing : Features and Expertise
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LEVERAGE TOOLS AND INTELLIGENCE THAT DRIVE SUPERIOR RESULTS |
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Manage |
- 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
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Supplier identification and list management |
- 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 and event management tools for supplier qualification
- Intuitive information solicitation creation and response submission interfaces
- Sourcing project roles to maximize project collaboration and share knowledge
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Supplier qualification and information 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
- Intuitive event creation and bid interfaces, real-time analytics, and supplier messaging
- RFX Event set up, review, and scoring roles for structured collaboration
- Multi-parameter, multi-format, multi-line, and non-price factor negotiations
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Supplier negotiation and bid solicitation projects |
- 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
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Supplier selection or awarding |
- 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)
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Post-award implementation, monitoring and evaluation |
- 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
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Visibility and dashboards |
- 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
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Expertise and Support |
- 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
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Infrastructure |
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LEARN MORE ABOUT EPIQ SOURCING |
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 Phone: 1-866-316-3747
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