Strategic Sourcing
Strategic Sourcing software provides procurement solutions that continuously improves the purchasing activities of a company. Features include capacity management, contract management, purchasing and procurement management, and more.
The Data Quadrant is a thorough evaluation and ranking of all software in an individual category to compare platforms across multiple dimensions.
These include:
- User Satisfaction Rankings
- Business Value Scores
- Vendor Capability Comparisons
- Product Feature Evaluations
The Emotional Footprint is a powerful indicator of overall user sentiment toward the relationship with the vendor, capturing data across five dimensions.
These include:
- Strategy and Innovation
- Service Experience
- Conflict Resolution
- Product Impact
- Negotiation and Contract
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Latest Research
Evaluating vendor proposals is one of the most critical aspects of the RFP process, secondary only to negotiations. The ironic thing is that we've seen too many clients try to abbreviate this activity, take short cuts, or even avoid it altogether. Providing ample time for your team to review the vendor RFP responses is critical to a quality review process, while not rushing the evaluation process ensures that you understand their complete offer and proposal.
If you are experiencing pressure to lower your IT expense, a reverse auction might be a quick, efficient answer to ensure you are getting a competitive price.
A Citrix vulnerability first discovered on December 17, 2019 is being continually exploited by ransomware attackers despite patching attempts by Citrix.
Strategic Sourcing Products
SAP
SAP Ariba
Discover qualified suppliers, speed up your sourcing cycles, and create the most competitive, best-value agreements for rapid, sustainable savings.
8.5
Composite Score
8.8
CX Score
+89
Emotional Footprint
90%
Likeliness to Recommend
21
Reviews
Oracle E-Business Suite
Oracle Sourcing Cloud
Oracle Sourcing is the enterprise application that drives more and better sourcing through online collaboration and negotiation. It is a key component of Oracle Advanced Procurement, the integrated suite that can dramatically cut all supply management costs. Because strategic sourcing is typically time-consuming and complex, few organizations are able to exploit all available sourcing opportunities. Oracle Sourcing increases the sourcing bandwidth of procurement professionals, so they can exploit many more savings opportunities and capture more value from each.
8.0
Composite Score
8.4
CX Score
+85
Emotional Footprint
79%
Likeliness to Recommend
18
Reviews
Supplyframe
Supplyframe Platform
As the leading provider of global strategic sourcing, product costing, and quoting software, PolyDyne Software has built an impeccable reputation for innovation and excellence.
8.9
Composite Score
9.6
CX Score
+100
Emotional Footprint
91%
Likeliness to Recommend
6
Reviews
Avotus
Avotus Intelli-Sourcing
Avotus ICM Intelli-Sourcing is a unique electronic Request For Proposal (e-RFP) process that regularly delivers 20 to 40 percent savings when sourcing telecom, IT and technology investments. Avotus’ ICM Express product creates leverage for our clients that enable Avotus to deliver exceptional savings, SLA’s and contract terms. Intelli-Sourcing is unique from generalist sourcing telecom platforms for its ability to simultaneously manage complex telecom e-RFP’s and foster competition on a price and quality basis.
--
Composite Score
10.0
CX Score
+100
Emotional Footprint
100%
Likeliness to Recommend
2
Reviews
Zycus
Zycus Strategic Sourcing Suite
Our comprehensive product portfolio includes applications for both the strategic and the operational aspects of procurement - eProcurement, eInvoicing, Spend Analysis, eSourcing, Contract Management, Supplier Management and Financial Savings Management.
--
Composite Score
8.8
CX Score
+100
Emotional Footprint
94%
Likeliness to Recommend
2
Reviews
Ivalua
Ivalua Strategic Sourcing
The Ivalua Strategic Sourcing solution provides a comprehensive, intuitive and collaborative toolset to automate sourcing of 100% of your spend no matter how simple or complex, tactical or strategic the sourcing process is.
--
Composite Score
7.6
CX Score
+62
Emotional Footprint
83%
Likeliness to Recommend
2
Reviews
IBM
IBM Emptoris Sourcing
IBM® Emptoris® Sourcing enables companies to optimize value, as well as price, from their supply base by factoring cost, risk and performance into sourcing decisions. It automates various sourcing events from reverse auctions to complex multi-stage negotiations and provides both broad and granular visibility into corporate sourcing data.
--
Composite Score
--
CX Score
--
Emotional Footprint
--
Likeliness to Recommend
0
Reviews
Scanmarket
The Scanmarket Platform
Scanmarket is one of few strategic sourcing solution providers capable of delivering innovative yet user-friendly quality technology, combined with solid execution, support & services
--
Composite Score
--
CX Score
--
Emotional Footprint
--
Likeliness to Recommend
0
Reviews
Jaggaer (SciQuest)
SciQuest Sourcing Director
Manually handling your organization’s strategic sourcing events could be costing you more than time and aggravation. Research shows organizations that automate their sourcing efforts save an average of 16 percent. Sourcing Director helps you create events, manage bids and award contracts automatically, reducing the length of routine bidding events by more than half.
--
Composite Score
--
CX Score
--
Emotional Footprint
--
Likeliness to Recommend
0
Reviews
QStrat
QStrat QLM Sourcing
Increase your profitability by using the cloud-based solution that’s trusted by leading automotive manufacturers, suppliers, and distributors. With users in over 22 countries and more than $5 Billion in RFQs issued, QLM Sourcing is built for the enterprise.
--
Composite Score
--
CX Score
--
Emotional Footprint
--
Likeliness to Recommend
0
Reviews
eBid Systems
eBid eXchange
eBid eXchange is a flexible tool for managing Requests for Information (RFIs), Requests for Proposal (RFPs), Reverse Auctions, and Forward Auctions. It is powerful enough for the procurement professional yet simple enough for the casual user. The time has come to move beyond email and spreadsheets to efficiently engage suppliers for sourcing events, analyze supplier responses, and make smart award decisions. With an e-sourcing solution, you can promote competitive bidding among your vendors to drive down costs.
--
Composite Score
10.0
CX Score
+100
Emotional Footprint
89%
Likeliness to Recommend
1
Reviews
Puridiom
Puridiom Sourcing
Puridiom eSourcing offers the tools to enhance, improve and accelerate the sourcing process. Your strategic initiatives can be guided by considering cost, unique requirements, project trade-offs, delivery timeframe, supplier performance, and risk factors.
--
Composite Score
--
CX Score
--
Emotional Footprint
--
Likeliness to Recommend
0
Reviews
GEP Worldwide
GEP SMART Procurement Software
GEP is one of the leading providers of strategic sourcing services in the world. Every year, we help hundreds of organizations save billions in spend. Staffed by experienced category specialists, our sourcing teams get sustainable results fast – real results that improve the bottom line and create competitive advantage.
--
Composite Score
8.8
CX Score
+100
Emotional Footprint
78%
Likeliness to Recommend
1
Reviews
Gatewit
Gatewit Sourcing®
Gatewit Sourcing Gatewit Sourcing offers a set of intuitive features with a simple architecture , entirely user friendly, so that you only worry about what is more important: your business.
--
Composite Score
--
CX Score
--
Emotional Footprint
--
Likeliness to Recommend
0
Reviews
PROACTIS
Proactis Source-to-Contract
PROACTIS procurement solutions provide a framework of sourcing, contract, catalogue, and supplier management capabilities that enable you to leverage your organisation’s full buying power, gain best value agreements, and maximise the percentage of “spend under management” across all categories of spend.
--
Composite Score
--
CX Score
--
Emotional Footprint
--
Likeliness to Recommend
0
Reviews
DirectWorks
DirectWorks Strategic Sourcing
Directworks Strategic Sourcing enables you to more efficiently engage suppliers, obtain and analyze this information, negotiate from a solid fact base, and make the best data-driven sourcing decisions.
--
Composite Score
--
CX Score
--
Emotional Footprint
--
Likeliness to Recommend
0
Reviews
Due North
Due North eSourcing
Due North's eSourcing software is a cloud based, strategic solution offering comprehensive search and negotiation technology to create, publish and evaluate sourcing projects no matter their size and complexity.
--
Composite Score
--
CX Score
--
Emotional Footprint
--
Likeliness to Recommend
0
Reviews
eSize
eSize Sourcing
You are looking for the best products and services for the best price and the most favourable terms and conditions. You will have a complete solution for the entire strategic/tactical procurement process with Esize Sourcing. From defining the procurement strategy in an unequivocal and transparent sourcing roadmap to the quotation process and the assessment and selection of suppliers.
--
Composite Score
--
CX Score
--
Emotional Footprint
--
Likeliness to Recommend
0
Reviews
FullStep
FullStep Sourcing Management
Our global sourcing module allows you to efficiently manage you company’s sourcing organization and negotiation processes.
--
Composite Score
--
CX Score
--
Emotional Footprint
--
Likeliness to Recommend
0
Reviews
Open Windows
Open Windows Sourcing
The procurement strategic sourcing process has become increasingly complex in recent times as buyers aim to achieve a wider range of goals from their procurement effort. Necessarily, these broader aims demands a more proactive and strategic approach; which, ultimately have to be measured to count, and yet still fall within accepted standards of probity.
--
Composite Score
10.0
CX Score
+100
Emotional Footprint
89%
Likeliness to Recommend
1
Reviews
Xeeva
Xeeva Sourcing Software
Operationalize your sourcing environment by fostering competition, encouraging value-add from your suppliers and delivering truly sustainable results.
--
Composite Score
6.0
CX Score
+38
Emotional Footprint
89%
Likeliness to Recommend
1
Reviews
Determine
Determine Strategic Sourcing
Our solutions empower you to make informed decisions for maximizing sourcing efforts. Take advantage of seamless integration between spend analytics, sourcing and supplier information for an uninterrupted flow of information throughout the entire strategic sourcing process.
--
Composite Score
--
CX Score
--
Emotional Footprint
--
Likeliness to Recommend
0
Reviews
Qozo
CF Suite
CF Suite combines all of our specialist eProcurement platforms in one secure, easy-to-use software suite; perfect for those in search of a one-stop contract management solution.
--
Composite Score
--
CX Score
--
Emotional Footprint
--
Likeliness to Recommend
0
Reviews
PowerAdvocate
PowerAdvocate Strategic Sourcing
PowerAdvocate offers customers a wide range of services to help develop an efficient, sustainable, go-to-market approach and manage category spend to deliver savings. From strategic planning to execution of sourcing events, PowerAdvocate helps to streamline processes, save time and save money all while demonstrating prudency.
--
Composite Score
--
CX Score
--
Emotional Footprint
--
Likeliness to Recommend
0
Reviews
Vortal
Vortal Platform
VORTAL is an international leading eSourcing and eProcurement platform for the public and private sector, which connects thousands of buyers with an international network of qualified suppliers.
--
Composite Score
8.8
CX Score
+100
Emotional Footprint
89%
Likeliness to Recommend
1
Reviews
All Research
Evaluating vendor proposals is one of the most critical aspects of the RFP process, secondary only to negotiations. The ironic thing is that we've seen too many clients try to abbreviate this activity, take short cuts, or even avoid it altogether. Providing ample time for your team to review the vendor RFP responses is critical to a quality review process, while not rushing the evaluation process ensures that you understand their complete offer and proposal.
If you are experiencing pressure to lower your IT expense, a reverse auction might be a quick, efficient answer to ensure you are getting a competitive price.
A Citrix vulnerability first discovered on December 17, 2019 is being continually exploited by ransomware attackers despite patching attempts by Citrix.
Project Zero is changing its vulnerability disclosure policy to give software developers more time to patch vulnerabilities. The policy is now shifted to a stringent 90-day policy.
Can a vendor management initiative influence organizational performance? The concise answer to this question is yes. However, this influence doesn’t occur overnight.
Cybersecurity firm Bishop Fox identified eight vulnerabilities in ConnectWise’s remote control and remote access software.
Announced on December 31, 2019, BeyondTrust named Tenable as the successor to its Vulnerability Management suite.
On January 15, 2020, the Department of Defense (DoD) issued an open call to vendors to fulfill a contract to help improve their technology and inventory management.
Whether you are using Info-Tech’s Commodity, Operational, Strategic, Tactical (C.O.S.T.) model to classify your vendors or you arbitrarily label high spend/critical vendors as strategic, it begs the question: “Does your vendor truly view you as a strategic customer?”
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