Sourcing of suppliers is one of the main functions of procurement professionals who has to ensure a competitive environment, attract enough suppliers and get the best deals of price, quality, and delivery terms. Sourcing includes activities such as:

The system provides the following options:

Using a network of suppliers;

Suppliers network is a complete list of suppliers registered in the system.

Any supplier registered in the system may become a participant of your sourcing event.

The system notifies suppliers of the publication of the relevant sourcing event if it includes categories of goods or services the supplier works in.

<aside> ❗ Attention!  A company may use a private catalog of goods and services, and a supplier, however, always provides in its company profile the categories of delivered goods and services from the system catalog. Therefore, the customer should link each category from its private catalog to the corresponding categories in the system catalog, otherwise the notification system will not work properly.

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If a supplier has participated in the company's sourcing events at least once, company employees can view the supplier's data and communicate with him.

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To do this, select the Suppliers in the main menu.

As a result, it will open a page with a list of suppliers that are either partners of your company or not, but once participated in the company's sourcing events.

Then find the supplier you are interested in and go to view its data by clicking on the company name or using the context menu More about the Supplier (the context menu opens by clicking on the ⋮ icon on the left)

This opens a page containing information about the selected supplier with the following set of blocks:

The blocks Common data, Legal requisites, Bank details, and Contact details contain information about the supplier.