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Home : Solutions : Sourcing : Features and Expertise



Leverage 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
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
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
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
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)
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
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
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