Source provides tools to streamline the costing request and vendor selection processes. Efficient and lower cost sourcing helps maintain margins.
Source provides advanced costing functionality by size and color, with fully configurable costing scenarios and comparisons. You can even add different elements of calculations in order to map to complex costing processes. Costing quotes can be requested from different vendors and compared for optimal costing scenario approval. Sourcing plans and what-if plans are developed by regions, countries, suppliers and styles, and are updated automatically with approved quotes. Approved quotes are automatically shared with Product Manager.
You can set up a relationship between external partners by using the vendor management module; capacity can be reserved, inspection scheduled and vendor performance evaluated.
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