eSourcing

Wax Digital eSourcing provides professional buyers with a set of electronic tendering and auctioning tools, to streamline and improve the processes, whilst providing the mechanisms for securing and maintaining best value from supply chain.

Our Consulting arm provides best practice and category expertise, with a team of sourcing professionals on-hand to help you address the widest possible range of spend categories and significantly increase your savings opportunities.

This combination of technology and talent drives our complete eSourcing service, delivering support when you need it and the tools to drive your own sourcing activities when you are confident to do so.

An easy-to-use application, Wax eSourcing provides businesses with the platform to create and manage negotiations, both for buyers and suppliers that are on the receiving end of the process.

eSourcing offers businesses a single purchasing environment to help seamlessly manage data such as supplier records, product catalogues and contracts - resulting in reduced maintenance and management overhead that exists when records are kept on multiple systems.

Solutions Archive
Wax Digital eSourcing comprises two discrete solution modules delivered in tandem to create an industry-leading platform for powering strategic sourcing initiatives:

Wax Digital eRFx: A buyer toolset to streamline the tender process, allowing buyers to electronically create, distribute, collect and store tender documents.

Standard module features

Carry forward supplier tender details

Import and export for supplier and lot data

Multiple auction types

Set timeframe and rules for auctions

Attach supporting documentation (terms etc)

Real-time bid management and price/margin calculation

Buyer and vendor audited messaging facility

Auto extensions to prevent sniping

Multi-language facility

Comprehensive event reporting

Award vendor winner(s) for total auction or per lot

Helpdesk support services

Wax Digital eAuction: Real-time competitive bidding, delivering vendor best value through reverse auctions.

Standard module features

Multi-line tender and proposal builders with simple to use wizards

Multiple question types, e.g. open, binary, list selection etc

Document templates for rapid repeat use

Document bundle facility for multiple linked documents

Data import and export

Configurable controls, alerts and workflow

Electronic distribution to nominated suppliers

Electronic collation of supplier responses

Automated scoring of supplier responses

Buyer and vendor audited messaging facility

Auto calculation of total cost formulas

Transfer details seamlessly into Wax Digital eAuction