Strategic Sourcing

Lawson Strategic Sourcing, through comprehensive request for bid ("RFx") capabilities, bid analysis, bid award and bid tracking capabilities, supports the acquisition of goods and services with an optimal balance of cost, quality and service.

 

Lawson Strategic Sourcing helps improve the way an organization develops and manages supplier relationships by making your organization easier to do business while still promoting adherence to internal controls and external regulatory compliance requirements.

 

Key Features

Integrated with other Lawson Supply Chain Management applications, Strategic Sourcing offers many valuable features and functions. Among them:

 

Flexible Configuration

  • Standardize bid information by establishing terms and conditions, award reasons, and categories
  • Simplify electronic RFx and bid creation with event templates and reusable supplier questions
  • Create and apply standard reason codes for awarding bids, allowing you to easily categorize, track, and monitor awards

Bid Requests/Invitations

  • Create bid requests that match your business processes or regulatory requirements
  • Request quotes, information, or proposals (sealed or unsealed)
  • Tie requests to industry-standard classification structures, such as NIGP and UNSPSC

Open Event Management

  • Review all open events, filtered by a variety of criteria, including company, event type, buyer, and status
  • View a list of all supplier responses, filtered by event and/or supplier
  • Simply click an item to view supplier response detail
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