Additional information for Keelvar Sourcing Optimization
Key features of Keelvar Sourcing Optimization
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- Tiered discounts
- Alternate bids
- ‘What if’ scenarios
- One-click evaluations
- Multi-lot eAuctions
- Single-round & multi-round events
- Online & offline bid preparation
- Validation at entry stage
- Multiple RFI response types
- Bulk upload & download
- Customizable workflows
- Combinatorial bidding
- Multi-currency support
- Scenario analysis
- Audit trail
Multiple scenarios can be evaluated with flexible rules, and the impact of decisions presented visually, enabling stakeholders to assess the tradeoffs of each scenario.
Business rules and award criteria can be defined to align with risk management policies or corporate strategy, including managing the number of suppliers, supporting SMBs, or avoiding monopolies.
Before submission, supplier bid data is checked and validated to ensure clean, reliable data is received.
Automated evaluation and reporting describes outcomes according to any predefined business rules or specific biases against or in favor of certain bidders.
Existing data from spreadsheets can be uploaded in bulk and automatically mapped to create events.