Sourcing IQ

Now Mocal, Inc. includes a new partner to improve your efficiencies and reduce costs. Sourcing IQ allows you to create your own web-based private exchange. Please call us so we can tell you more about a collaborative approach to web-based procurement.

SourcingIQ ® Strategic Sourcing E-Procurement

SourcingIQ Buy-Side solution provides tools to develop and run the enterprise Sourcing and is implemented across the supply chain all buyers can submit their own daily RFx’s and PO’s against negotiated or contracted prices.
Solution Overview

SourcingIQ Negotiation:

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Negotiation gives the user the ability to change an offering by altering one or more of the specified parameters (including product attributes and terms of sale)from the existing offering, and resubmit the amended offer to the originator.

SourcingIQ Reverse Auction:

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In a Reverse Auction a buyer posts a request for items to purchase and sellers specify the price and quantity they can supply.The transaction is awarded to the lowest bidder that can supply the total quan- tity required.

SourcingIQ Rfx –(RFQ/RFP/RFI/RFB):

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An RFQ is an invitation to suppliers to bid on products or services required by the buyer.

SourcingIQ Catalog:

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The full featured Catalog allows buyers to import product information into the private buy-side catalog, making information readily available to the buyer and suppliers .The benefits to the buyer include gaining greater visibility to product availability under previously specified contractual terms and the ability to conduct multi-parameter searches against all catalogs available and RFQ creation.

Collaborative commerce:

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It allows to real time document management capability to deal with supplier & channel partners.

SourcingIQ Order Management:

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Order Management leverages the enterprise ’s internal infrastructure, such as a company ’s ERP system, to track the order life cycle from initial creation to ultimate fulfillment.

SourcingIQ Decision Support Decision Support:

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Decision support tools allow buyers to analyze returned responses from negotiations and RFQ’s, enabling the enterprise to quickly and efficiently selects the best supplier and best negotiated deal based on predefined criteria.

You can visit Sourcing IQ by clicking below:

http://sourcingiq.com