Average Ratings 0 Ratings
Average Ratings 0 Ratings
Description
Maximizing the profit margins you gain from your suppliers can be a challenging endeavor and is often regarded as a skillful art. In the realm of purchasing, it's apparent that suppliers do not always provide their most competitive pricing. This creates a perpetual cat and mouse dynamic regarding how profits are shared between your company and the suppliers. The best pricing is influenced by how eager the supplier is to secure your business, and their level of concern about potentially losing it. So, how can one effectively and swiftly illustrate this concept? Procurement Power offers a streamlined platform where suppliers compete against one another and can clearly see their bidding positions, which ultimately creates a more equitable marketplace. Numerous Fortune 500 companies have recognized the advantages of this purchasing strategy and have been implementing various auction systems for their suppliers for several years now. It's important to note that every purchase carries its associated costs, which can fluctuate based on the nature of the item being procured and the extent of negotiations involved. Additionally, understanding these dynamics can lead to better decision-making and improved supplier relationships.
Description
Requis is a cloud-based platform that connects buyers and sellers of industrial materials. Requis digitizes procurement and sourcing activities and consolidates supplier information in a crowdsourced solution. It is a one-stop shop for procurement professionals, suppliers, vendors, and collaborators to complete procurement and environmental, social, and governance (ESG) activities. These features make it easier for businesses to find the best suppliers, negotiate better prices, and improve their ESG performance.
API Access
Has API
No
API Access
Has API
Yes
Integrations
No details available.
Integrations
No details available.
Pricing Details
No price information available.
Free Trial
Yes
Free Version
No
Pricing Details
No price information available.
Free Trial
Yes
Free Version
Yes
Deployment
Web-Based
Yes
On-Premises
No
iPhone App
No
iPad App
No
Android App
No
Windows
No
Mac
No
Linux
No
Chromebook
No
Deployment
Web-Based
Yes
On-Premises
No
iPhone App
Yes
iPad App
Yes
Android App
Yes
Windows
Yes
Mac
Yes
Linux
No
Chromebook
Yes
Customer Support
Business Hours
Yes
Live Rep (24/7)
No
Online Support
Yes
Customer Support
Business Hours
Yes
Live Rep (24/7)
Yes
Online Support
Yes
Types of Training
Training Docs
No
Webinars
No
Live Training (Online)
Yes
In Person
Yes
Types of Training
Training Docs
Yes
Webinars
Yes
Live Training (Online)
Yes
In Person
Yes
Vendor Details
Company Name
Serex Procurement Solutions
Founded
2013
Country
Canada
Website
www.serexprocurementsolutions.com
Vendor Details
Company Name
Requis
Founded
2018
Country
United States
Website
requis.com
Product Features
Procurement
Asset Management
No
Auction Management
Yes
Bid Management
No
Budget Management
No
Catalog Management
No
Contract Management
No
Inventory Management
No
Invoice Processing
No
PunchOut
No
Purchase Order Management
No
Receiving
No
Requisitions & Approvals
No
Sourcing Management
No
Spend Management
No
Supplier Management
No
Product Features
Procurement
Asset Management
Yes
Auction Management
Yes
Bid Management
Yes
Budget Management
No
Catalog Management
No
Contract Management
Yes
Inventory Management
Yes
Invoice Processing
No
PunchOut
No
Purchase Order Management
No
Receiving
No
Requisitions & Approvals
Yes
Sourcing Management
Yes
Spend Management
No
Supplier Management
Yes
Sourcing
Auction Management
No
Budget Management
No
Collaboration
No
Global Sourcing Management
No
Rfx Management
No
Spend Management
No
Supplier Management
Yes
Supplier Qualification
No
Supplier Risk Management
No
Supplier Web Portal
No
Template Management
No
Supply Chain Management
Demand Planning
No
Electronic Data Interchange
No
Import / Export Management
No
Inventory Management
Yes
Order Fulfillment
No
Order Management
No
Sales & Operations Planning
No
Shipping Management
No
Supplier Management
Yes
Transportation Management
No
Warehouse Management
Yes
Vendor Management
Audit Management
No
Contact Management
No
Customer Database
Yes
Self Service Portal
Yes
Supplier Master Data
No
Transaction History
No
Vendor Maintained Profiles
No
Vendor Managed Inventory
No
Vendor Performance Rating
No
Vendor Qualification Tracking
No