Identifying, evaluating and selecting new vendors can be a time consuming endeavor but it shouldn’t be. Scanmarket eRFx makes it easy to quickly investigate, evaluate and select your suppliers to help you find the best partners to drive your business forward. From data heavy Bid Matrix events to quick “3 bids and a buy”, Scanmarket eRFx helps you get your sourcing projects done better and faster.Want to achieve more with your eRFx tool? See our top tips!
Want to better understand Scanmarket's eRFx module and how it can help you? Check out the video.
Collecting information about suppliers' capabilities and inabilities can be an tedious and extensive exercise if carried out manually. Using an online RFx module will help you streamline the process, create transparency, and let you reach out to significantly more suppliers than in the traditional manual process. The more knowledge you gain about your suppliers, their capabilities and inabilities the more capable you will be when time comes to select the right suppliers for further negotiation on terms and price. In short - increased knowledge will maximize your control of the sourcing process and increase your negotiation leverage in the end. The main advantages of using eRFx software are highlighted in the icons below. All of these relate back to the overall purpose - Cost reduction.
Know for sure that you are doing business with thoroughly vetted suppliers
Analyze & Document Supplier Choice
Turn data into information and ensure data accessibly for better decisions making
Reduce cycle times by 50% by use of shared templates and increase efficiency
Scanmarket projects average 14% savings, even from the beginning
Organize & Process Improve
Easily create, find, edit and re-use events and templates while using a structure
Easily share documents and templates with stakeholders across units & geography