Strategy and Planning: By leveraging your knowledge of the markets and your suppliers, your team will make the best value decisions based on price, quality, performance and other selection criteria. The tools enable you to identify internal requirements and collect information about the markets.
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Market intelligence
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Survey
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Supplier discovery
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Collaboration, Negotiation and Optimization: By collaborating on a common platform, you will be able to present your requirements to current and potential suppliers in a very effective manner that elicits desired responses. You will be able to collect highly complex information and quickly analyze it to optimize your decisions. When evaluating suppliers, buyers establish which criteria categories to evaluate, such as service, delivery lead time and product quality. More importantly, you can include reverse auctions, forward auctions and sealed bids. Buyers can easily handle even the most complex negotiation.
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Negotiation (include reverse & forward auctions, sealed bids)
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Creation of electronic RFI, RFP and RFQ
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Award decision analysis
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Project Management and Workflow: With Tactica, your buyers have a flexible strategic sourcing environment that easily adapts to your proven processes while delivering new efficiencies and best practices throughout your enterprise.
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