Sourcing
Due North's Supplier Sourcing solutions help you to negotiate and award best value agreements that balance cost, performance and risk
Effective supplier sourcing can have a direct impact on the cost, quality and performance of your tendering process. Yet, many Public Sector organisations haven't been able to achieve their full sourcing potential.
Due North Supplier Sourcing solutions offer a comprehensive sourcing and negotiation technology that includes support for creating, publishing and analysing auctions and RFx's, no matter their size or complexity. It helps to identify and qualify suppliers, negotiate best value agreements, derive the optimal award allocation and drive product collaboration, process standardisation and knowledge management across the sourcing lifecycle.
The solution increases efficiency reducing Buyer time in completing the tender process. Getting best value entails creating compeition between suppliers qualified to provide the goods or service. Increasing efficiency in the procurement process involves streamlining the process and being able to undertake the process in a correct, repeatable way.
Government's own measurement of the savings gained by merely issuing tenders electronically is estimated at £1,000 per tender. This does not include the benefits gained from additional competition or the carbon footprint saving.
Benefits
- Negotiate best value supply agreements
- Standardise and share sourcing best practices across the whole organisation
- Elevate sourcing skills and knowledge across the organisation
- Accelerate sourcing cycles and throughput
- Minimise supply risks
- Maximise your spend management
Features
Due North Supplier Sourcing Solutions empower Public Sector organisations to streamline and improve the complete sourcing lifecycle by offering:
- Full Public Sector functionality
- Opportunities Notice Board
- Customisable and reusable workflow templates
- Integrated warnings and alerts
- Decision support
- Support for all tender services including PQQ, RFQ and ITT
- Full online facilities or document support
- Auto population of PQQ and ITT
- Open tenders and integrated evaluation tool
- Locked, anonymous tender box
- Auction tool
- Full audit trail helps to lower risk and legal exposure
- Secure fully managed service (Saas) ensuring fast and cost effective deployment
- Fully integrated with Contract and Supplier Management solutions
Due North Supplier Sourcing solutions:
ProNotice - An effortless online notification solution that simplifies the process of creating an opportunity notice and provides your potential suppliers with an auto alert once your notice is published.
ProTender - A comprehensive online tender process between buyer and supplier from the issuing of PQQ, RFQ and ITT documentation, supplier submission to a secure lockbox and evaluation of responses.
ProAuction - An online auction tool enabled for both automatic reverse and transformational auctions, offering a transparent, real time bidding facility.