Easy Source Dynamic Pricing Engine

Dynamic Pricing Engine (DPE) is a strategic tool of eProcurement that effectively eliminates the limitations and obstacles inherent to traditional procurement systems practices and beliefs. This tool leverages Internet and Internet technology to build a dynamic negotiation environment between pre-qualified suppliers to drive the price of goods/services being acquired towards the current market price. Strategic sourcing enables purchasers to achieve "price clearing" in a more optimized and informed manner.

When integrated with Strategic Sourcing and deployed judiciously, DPE yields swift savings and considerable improvements in process cycle times as well as administrative costs.

Our Proposition

Our Dynamic Pricing Engine is integrated with a strong strategic sourcing process and an intelligent choice of a sourcing format. These components form the core strength of a Sourcing Event to produce the desired results. The components of the Dynamic Pricing Engine cover various aspects of a Sourcing Event encompassing spends and supplier consolidation.

Key benefits

Conducting the procurement process with the help of our Dynamic Pricing Engine would offer these key benefits:

• Optimum sourcing dynamics
• Identification of amenable spend
• Assurance of quality supplier relationships
• Aggressive lot management support
• Qualified, capable supplier base
• Optimized price reduction
• Reduced process time
  
• Audited and legible business terms and technical specifications
• Business intelligence support