Sourcing
https://www.medius.com/solutions/medius-sourcing/
Speed up sourcing events and negotiate smart with Medius Sourcing
See how our eSourcing software can be your hero by speeding up your sourcing processes, providing the digital tools to help you evaluate the best suppliers, and drive big cost savings.
Why Medius Sourcing?
Total visibility of your sourcing process
With a clear and easy-to-follow process, you can consolidate all your sourcing events in one place, resulting in greater visibility and measurable savings.
Speed up sourcing cycles
Medius Sourcing streamlines your day-to-day sourcing activities by ranking and evaluating suppliers based on responses to automated sourcing events.
Easy-to-use means rapid ROI
Rapid user onboarding and built-in best practice workflows enables high adoption rates immediately. Even those who aren’t experienced in procurement can run an event at day one.
Unmanaged spend, long and expensive processes deplete money and resources.
Common challenges you face
- High volume of unmanaged spend
- Lack of internal collaboration through the cracks
- Long, expensive, and inconsistent manual processes
Risks of not having a solution in place
- Paying too much for your sourced items or services
- Wasted time and poor project management
- Error-prone, excessive spend and duplication of efforts
Rewards of Medius Sourcing
- 6-12% savings on every new dollar of spend placed under procurement control*
- Electronic sourcing reduces cycle times by 30%*
- Complete visibility of data and communications on all sourcing activities between you and your supplier
*Source: Raising the World-Class Bar in Procurement Through Digital Transformation, The Hackett Group 2018
Learn more about Medius Sourcing solutions.
