Sourcing Automation
API-driven Intelligent Sourcing Automation
Build an agile enterprise where a Center of Excellence is equipped with a team of bots to run tactical buying, while you maintain full control and oversight.
Suitable for
ABOUT SOURCING AUTOMATION
Automate your sourcing process with easily customizable Sourcing Bots. Examples of categories include MRO, Air Freight, Packaging, Engineering services and IT contractors.
Expect fast execution of events with increased competitive tension, without compromising quality or cost trade offs.
Utilize Scenario Analysis based on your business goals and past events. Integrate Sourcing Bots with external systems to trigger events based on market conditions or low stock levels.
Learn more - AI-Enabled Sourcing Automation
ALWAYS LEARNING
In Level 5 Sourcing Automation, patterns in your past events are identified using Machine Learning to refine the Sourcing Bots' understanding of your strategic sourcing process.
EVENT AUTOMATION
The bots trigger and configure events, open & close rounds & identify optimal award scenarios for huge cost savings. Increased efficiency of events moves your focus to strategic sourcing.
COMPLIANCE & STRATEGY
Automated checks eliminate manual data management, guaranteeing full adherence to policy. Sourcing Bots enhance auditability and transparency, mitigating risk.
Get Billed for What You Use
Keelvar has created a unique billing concept where companies are billed for Bot Actions, i.e. the work the Sourcing Bot has done.
A Bot Action is composed of a set of tasks that would otherwise be conducted manually. A typical Auction or RfQ may be comprised of 8-20 Bot Actions depending on how complex the process may be.
Examples of Billable Bot Actions are:
Looking up the requested good/service rate card
Seeking nearest alternatives to the requested item if exact match isn’t present
Generate correct lane scope by looking up the liner country list
Generate a request summary for category managers
Message category managers
Determine invited suppliers
Message invited suppliers with invites / reminders
If all eligible suppliers have bid, message the category managers
Autopilot round opening/closing
Evaluate scenarios (including non cost objectives) to generate award recommendation
Generate an award summary for category managers
On award, update the rate card
Message the awarded and losing suppliers
Message the original requester
Protecting your data is Keelvar’s priority
Strict conformance with EU standards on data privacy
Data encrypted at rest & in transport to 256-bit AES Standard
Amazon Web Services [ EU (Ireland) - eu-west-1 ]
99.999% average yearly uptime record
Public key infrastructure options for enterprise customers
Your Solution
Keelvar designs the appropriate package for your requirements.
SaaS or Project based.
Self Service or Managed Events.
Training/ Enablement Package suited to your team.
Tutorial videos and materials for Users and Bidders.
Unlimited in-app assistance from Keelvar Support team.
Integrations with external systems.
Keelvar offers three products
Achieve unmatched efficiency
Sourcing Optimizer is a tool for designing, running and analyzing sourcing events, while guaranteeing best practice, saving time and increasing savings.
Sourcing Automation is a software framework built on Sourcing Optimizer, that uses bots to automate manual processes for innovative sourcing teams.
Fulfillment Optimizer is a live digital rate card powered by Sourcing Automation, built to trigger and run sourcing events for your team, auto-populated with your current rates.
