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What is Sourcing Acumen?

Sourcing Acumen is an advanced eSourcing platform tailored to streamline the RFP and eAuction processes effectively, prioritizing insight and strategic impact. Leveraging the experience from overseeing more than 10,000 sourcing events, our platform effortlessly combines intuitive features with comprehensive, integrated bid analysis, all framed within a consulting-centered approach that encourages informed sourcing decisions. We provide an extensive range of functionalities, including customizable bid sheets, pre-configured bid analysis tools, interactive award scenarios, mechanisms for supplier feedback, RFI assessments complete with criteria and scores, and e-Auctions. Procurement teams consistently achieve significant savings while reducing their sourcing workload by as much as 70%. Our AI-powered assistant, AURA, accelerates the decision-making process by delivering instant, evidence-based insights. Sourcing Acumen has earned the confidence of international corporations and leading consultancies, transforming the sourcing landscape and enhancing operational effectiveness. With a steadfast dedication to innovation, our platform is continually adapted to address the evolving demands of procurement professionals across the globe. As we look to the future, we remain committed to fostering collaborative sourcing strategies that drive success in a rapidly changing marketplace.

What is RAIZ?

RAIZ is a Software as a Service platform designed to optimize and oversee sourcing operations effectively. This all-encompassing system links brands, manufacturers, and suppliers through advanced technologies like EDI, API, and AI. It features several distinct modules that address various components of sourcing operations. The Merchandiser Module supports product planning, procurement, and vendor management, while the Order Follow-Up module diligently monitors and manages orders to guarantee timely deliveries and effective communication with suppliers. Additionally, the Shipping Management module organizes logistics and tracks shipments efficiently. Moreover, the platform houses an Accounting module that aids in financial oversight and transactions related to sourcing activities. To equip users with actionable insights, BI Tools (Business Intelligence Tools) are integrated for thorough data analysis. Lastly, the Quality module emphasizes essential quality control aspects, ensuring that standards are consistently met and maintained. This multifaceted approach allows businesses to streamline their operations and enhance overall efficiency in sourcing.

Media

Media

Integrations Supported

Microsoft Power Automate

Integrations Supported

Microsoft Power Automate

API Availability

Has API

API Availability

Has API

Pricing Information

$1
Free Trial Offered?
Free Version

Pricing Information

$2.50
Free Trial Offered?
Free Version

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Company Facts

Organization Name

Sourcing Acumen

Date Founded

2024

Company Location

United States

Company Website

sourcingacumen.com

Company Facts

Organization Name

RAIZ.Tech

Date Founded

2021

Company Location

Hong Kong

Company Website

www.raiz.tech

Categories and Features

Sourcing

Auction Management
Budget Management
Collaboration
Global Sourcing Management
Rfx Management
Spend Management
Supplier Management
Supplier Qualification
Supplier Risk Management
Supplier Web Portal
Template Management

Categories and Features

Sourcing

Auction Management
Budget Management
Collaboration
Global Sourcing Management
Rfx Management
Spend Management
Supplier Management
Supplier Qualification
Supplier Risk Management
Supplier Web Portal
Template Management

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