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Sourcing
The
procurement cycle begins with strategic sourcing—the long term strategy of
identifying, evaluating, and negotiating with the optimal group of suppliers
and trading partners.
Sourcing is the most important, value-added activity that procurement
professionals perform for their company. Sourcing also requires an
inordinate amount of time gathering and comparing offerings from multiple
suppliers. Automating those tasks with VillageMall Sourcing not only allows a
company to obtain the right quantity and quality, at the right time in the
right place,
it also provides for online collaboration with suppliers and fosters competition.
Whether
buying, selling, or sourcing direct and indirect materials, goods, services, or
spot purchases; Web ledger sourcing enables your organisation to maximise savings by
automating the process associated with negotiating the optimal combination of suppliers,
products, services, and prices.
Sourcing
provides your business with:
- Supplier catalogues
- tracks Suppliers Item-No, lead-times, unit price, terms of supply
- reduced
purchasing costs through competitive bidding
- reducing
purchasing cycle times
- streamlining and
automating internal processes
- compare suppliers online catalogue
- Optional supplier access allows automated
requests for quotes, or online supplier updates, accelerating the process and
helping negotiate the best value.
- On-Click purchase order generation
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Stocking Information
Stocking Report
Stock Sourcing
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