Supply Chain Tender and Optimisation Solutions

Buyers know that what they buy, where they buy it and the price they pay has knock on effects throughout the entire supply chain. However, being aware of this and managing the resultant effects have been two very different things until now.

With Trade Extensions it is possible to create visibility and derive maximum value from the supply chain by simultaneously tendering all the components in a single tender. When used in conjunction with optimisation, it effectively creates a dynamic model of the entire supply chain so the effects of applying different business constraints can be investigated before business is awarded.

Consulting companies regularly use the platform to optimise supply chains for their clients and in a recent example one partnering company ran a complex project to produce and deliver two billion items of direct mail. $1 billion of goods and services were sourced and bids were simultaneously collected from designers; paper suppliers; printers; assembly houses and transport providers. 400,000 bids for 65,000 items were collected from over 100 suppliers and the supply chain was optimised at every stage. Being able to optimise this amount of data and show the relationships between each link of the supply chain is what sets Trade Extensions apart.

This approach gives buyers unprecedented levels of control and for the first time ever means they can optimise the whole supply chain and determine the resultant effects of any changes that are made.

Contact Joe Critchley, VP Sales and Business Development for more information.

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