CurtisFitch.com - Labs - Features and Benefits

Curtis Fitch iSource

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Bespoke portal

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Evaluates supplier responses using real time comparison of both price and non price factors

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Achieves multiple sourcing scenarios with the bid optimisation engine

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Negotiates with suppliers to achieve the best value and price solution

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Familiarity with local overseas markets and ready-to-use contacts

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Standardise your buyers' decision making

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Identifies new suppliers

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Communicate your sourcing solutions on a consistent basis globally

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Extensive implementation of the solution across the organisation

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Scoring and weighting function

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Accelerates the delivery of RFQs and RFIs

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Achieves global scope with multi-currency capabilities

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Massive time saving potential - up to 75% time reduction to run e-sourcing projects

iSupplier Relationship Management

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Central monitoring of sourcing by suppliers and commodities

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Comprehensive database of supplier sourcing without duplication

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Efficient evaluation of suppliers and commodities in all markets

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Comprehensive comparison of suppliers and commodities, including new and emerging markets

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Analysis of key performance indicators - competitive pricing and delivery achievement - identifying and targeting success

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Monitor and manage all supplier and/or commodity information in one place

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Enable effective communication with and about suppliers through shared knowledge

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Accessible to all parts of the organisation, eliminating potential for duplicated or contradictory activity

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Sharper business performance and less complex operating procedures

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Empowerment and involvement of all parts of the organisation

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Integrity of retrieval systems and transparent audit trails

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Strengthens supplier relationships

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Stronger supplier relationships with simpler lines of communication

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Web based applications are critical to lower costs today and the growth of future value in the business

Negotiation - RFX

RFx includes:

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RFI

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RFQ

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RFP

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Choose from a set of templates or copy an existing template

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Create on-line questionnaires

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Measure response scoring and weighting

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Create flexible quotation formats for multi-item responses

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Deliver instant status reporting

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Reduces administration time by up to 80%

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Full traceability ensures a total audit trail

Negotiation - Auction

Different Auction Types include:

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English

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Forward

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Reverse

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Dutch

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Japanese

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Sealed bid

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Formulated bidding

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Setting minimum bid decrements, bid entry levels or pre-event bids

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Showing suppliers their bid position

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Removing non competing suppliers

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Controlling event timescales

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Instant status reporting on all aspects

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Provides the buyer with enhanced control

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Enhances creativity - variety of auction designs

iContracts

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Manage contracts more efficiently and monitor status

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Maintain cost efficiency and leverage potential savings

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Identify significant milestones within contracts, such as sudden changes in volume

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View fully categorised reports company wide

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Improves corporate governance and cost management capability

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Creates single environment for contract review, renewal, update, change and audit

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Provides instant and detailed cost overview and contract status

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All contracts in one place

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Detailed view of terms and commitments and ability to cross reference company-wide or by supplier, customer or commodity

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Enables performance measurement and key milestones to be embedded within the business database

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Creates efficient management of costs and revenues through consistent processes

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Makes certain that contractual commitments are reflected in day-to-day working and systems

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Encourages and enables cost review to leverage potential savings

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Ensures that business approval levels are transparent and active

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Complete contract control

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Enhanced data visibility

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Proactive compliance

Reporting

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Configurable reports for negotiations

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Configurable reports for suppliers

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Configurable reports for whole system

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Live graphing capability

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Auction Dashboard

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System Dashboard

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Integration with Microsoft Excel

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Real time reporting capability

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Export facility for further analysis

iProjects

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Workflow management

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Updates user calendar

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Generic messaging available - no specific templates for an event

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Financial analysis of whole project

Security

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Application level security for Internet

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Negotiations can be made private and assigned to individuals

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Team security for negotiation

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Secure environment to trade

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Data protected within system