Product Showcase: Sourcing Management Technologies (SMT)

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Vice President of Product Development, Dale Peterson, and the General Manager of the Sourcing Management Technologies solution (Spend Management, Sourcing Team Tools, Deal Management), Steve Murphy, are the co-presenters of this showcase. They note that eSourcing is a cyclical process where procurement teams work cooperatively on a succession of interlinking projects that follow a logical path from spend analysis, through supplier identification into electronic surveys, auctions, and deal compliance.

The showcase provides detail on the functionality of the Spend Management and Deal Management modules. For Spend Management, Dale and Steve highlight the most important areas of data capture including Supplier Spend, Commodity Spend, Division & Business Unit Spend and ProCard/T&E Spend. They demonstrate the tool's unique capabilities to capture detailed information from various ERP sources, and display data that illustrates a company's spend by supplier, commodity, and business unit, showing not only amount of spend but also number of vendors and vendor-level details.

Vital to the success of any sourcing management process is the ability to share and re-use sourcing team data. This showcase also provides an overview of our Sourcing Team Tools module. Sourcing Team Tools includes a library of templates, team profiles and responsibilities, and secure documents and folders, all designed to unite virtual sourcing teams throughout the company.

View Spend Management Details

View Deal Management Details

View Sourcing Team Tools Details