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- Request for information — Helps to develop
a quantitative way to compare new potential suppliers.
- Request for quotes — Quickly get quotes from
suppliers and reduce the turnaround to our customers. Analyze
supplier offerings based on more than just price.
- Reverse auctions — When it really is all about
price, run the race and give your suppliers the best honest
chance to show you what they can do.
- Bid analysis — Side by side at the click
of a button. No more re-typing.
- Directed negotiation — Starting from the last
offer negotiate online in real time with one or multiple suppliers.
- Supplier performance ratings — Develop a
quantitative guide into your supplier base.
- File/document exchange — It's as easy as browse
and click. Drawing, specifications, compliance documents, terms
and conditions can all be traded online in real time.
- Site messaging — Talk directly with the buyer
or sales representative privately with the assurance that they
got the message.
- System generated e-mail alerts — The system
tells you when it needs attention.
- Multiple line items, partial item bids — Have
your suppliers submit tiered bids or offer what they have
available. Sometime you get a great price just to take odd
lots or inventory.
- Un-bundling of items — When things didn't
quite go as planned and you need to break things apart, start
from where you left it without having to start over.
- Bid history is maintained — eSource maintains
a complete history of transactions. The data are available for
queries, reports, and analysis in the reporting database.
Update the database daily, weekly, or monthly.
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