Improve Bid Analysis When E-Sourcing

CombineNet ASAP improves the bid analysis and supplier negotiation capabilities of the company’s advanced sourcing technology. ASAP delivers the ability to “Assign Awards” that capture the results of negotiations with suppliers and internal stakeholders on specific items, ‘lock in’ select supplier awards on individual items, and then continue the bid analysis and optimization process for remaining items. This streamlines the final steps of an e-sourcing event as buyers identify final award strategies and conduct negotiations with suppliers. When evaluating the business to be awarded to incumbent suppliers it builds “What if?” scenarios for bid analysis and optimization.

CombineNet