In order to meet material and service needs as quickly as possible while saving time and process costs, price comparison must be as simple, clear, and efficient as can be.
This means saying goodbye to Excel-based recommendations or even procurement meetings.
Once the bidding window has closed, users are notified. In the sourcing area, they can then review and compare supplier offers.
If they choose an offer, they can add the items from the offer to their cart and proceed with the order.
The order, along with the offered prices, is transmitted to the supplier through the ERP system.
Furthermore, the ERP system manages the storage of the bids and their attachments, ensuring the entire process complies with legal requirements.
