Supplier.Bid

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Software Modules

• Supplier Registration Portal (with Diversity Tracking)
Enable corporate branded supplier registration portal to allow potential and existing suppliers to register and update their info and files; allow buyers to search, manage and communicate with the suppliers; track Supplier Diversity (MBE, WBE & SBE), Insurance and Certification; allow suppliers to present additional info, special offers and innovations; on-board with W8/W9, etc.
• eSourcing RFx & Bidding
Manage RFI/RFP/RFQ, sealed bids, repeat bids and auto bids; evaluate and score bids; integrate with internal procurement systems; include dynamic questionnaire & configurable workflow.
• Supplier Contract Tracking
Track contract terms, timelines, attachments, compliance and performance with internal and external comments.
• Supplier Performance & Scorecard Management
Survey internal users and buyers to rate selected suppliers; produce scores automatically and produce visibility for supplier performance; also can be used to evaluate RFx responses, risk assessment, etc.
• 2nd-Tier Reporting (Subcontract Compliance)
Allow prime suppliers to report their direct and indirect diversity spend periodically, with automated reminders.

Additional Modules and Services

• Sourcing Planning & Collaboration
Pool sourcing requests before the actual Purchase Requisition, so procurement can have more time to source and plan; enable end users to participate before and after sourcing; help to increase use for diverse suppliers, global suppliers and innovative suppliers.
• Global Sourcing & Joint Sourcing Solution
Reduce cost by using global suppliers, combine spend power to make better deals.
• Supplier Development & Innovation
Help suppliers to develop and to comply with procurement requirements and guidelines; assist suppliers to register and onboard to supplier portals; assist in sourcing and quality control; accelerate capacity development including global support; facilitate & track supplier-driven innovations.
• Patented Score search
Patented user-defined score search and rank.
• Blockchain Extension
Immutably track information and documents for escrow and auditing purposes.

Supplier.bid - Case Study