Advantages
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1. Reduce purchasing process costs |
Automate different steps in the purchasing process to concentrate
resources on value added activities (spec definition, supplier
selection & negotiation)
Secure a paper-free process and simplify routine tasks
Avoid maverick, wasteful and off-contract spending
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2. Shorten cycle times & improve information exchange
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Reduce the time to market of a request for proposal
Make better and faster decisions through easy bid comparison
Increase the speed of data exchange with suppliers and
negotiate online
Share ideas and information with suppliers
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| 3. Improve control & monitoring
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Improve and structure the process and approval workflows
throughout the organisation
Monitor purchase history and spent statistics
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| 4. Capture knowledge & experience
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Integrate disparate internal information sources to gain
visibility and control
Share sourcing knowledge & experience and best practices
within the organisation
Reuse specifications and templates to increase data accuracy
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| 5. Enhance supplier transparency
& negotiation effectiveness |
Define and structure the way suppliers present their bids
Send and recieve automatic notifications to and from suppliers
Review comparable bids according to the same criteria
Negotiate more effectively by aggregation demand and improve
requirement definition
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| 6. Make life easier |
Use a browser based, self-service application that is
easy to install on your intranet
Choose for a pragmatic solution and avoid years of IT
and consulting projects
Build on the Bobex content database and procurement methodology
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