Agentrics Strategic Sourcing – Lifecycle Management

 

As the leading provider of sourcing solutions to retailers and manufacturers, Agentrics has unmatched experience in helping customers bring their sourcing online to achieve significant and sustainable efficiencies.

Agentrics Strategic Sourcing Lifecycle manages the entire process from spend analysis and supplier qualification through to award. We have the most complete suite of applications for sourcing and negotiation in the retail industry.

  • Spend Analysis – uses dynamic classification to guide navigation and filtering of spend data enabling the categories and opportunities of greatest return to be identified.
  • Supplier Qualification– we have access to 130,000 trading partners access and an exclusive directory of suppliers with known experience and pedigree to speed up supplier selection. We run active supplier discovery projects.
  • RFx & Auctions -  Support for most types of auction and RFx process with built in industry-proven workflows and best practice.
  • Contract Awarding – An end of process facility which allows buyers to set out the reasons for the award for onward communication with  Contracts and Accounts and for future reference and comparison.
  • Supplier Registry - As a supplier on the Agentrics Supplier Registry, you will be given the opportunity to participate in online sourcing events that meet our retailers' requirements.  Click here to register. 

Benchmark your Sourcing performance against the best


  • Agentrics clients realized greater than 20% savings from $15 billion in total spend using negotiations with 3 or more competing vendors.
  • Agentrics sourced more than $1 billion in savings in direct and indirect purchasing.
  • Agentrics identified more than 15,000 new sources of supply in 700 projects over the last two years.
  • Agentrics run more than 100 sourcing events a day, on average, with a global supply base exceeding 100,000.
  • Agentrics Strategic Sourcing provides extensive language support – 17 countries including double –byte and currency capabilities – 67 different currencies.


Benefits


  • The most widely used by the worlds leading retailers who come together as a community for best practice sharing and learning.
  • Highly flexible, multi country and multi currency category management to manage and monitor spend and savings performance.
  • Design for easy use by suppliers which supports rapid adoption
  • On demand, internet –based software as a service (SaaS)