Sourcing Optimization that drives better strategic spend

Increase cost savings, efficiency and buyer & supplier engagement with more competition, more data and faster cycle times.


Keelvar Customer Stories

Go beyond cost focus

Enable sourcing teams to go beyond simple supplier award decisions based only on a lowest-cost model. Buyers can collect a wide range of price and non-price information from suppliers and analyze different award scenarios based on that criteria and other constraints.

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Manage sourcing projects of any size

Strategic sourcing projects require large amounts of data. A transport event can involve thousands of line items and hundreds of carriers. Packaging and MRO events have hundreds of SKUs. Easily collect and analyze even the largest data sets.

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Support supplier collaboration and flexibility

All suppliers are different. For suppliers to offer the their best bids you need to allow them to bundle items, create conditional discounts and even submit alternative bids. This will help you collaborate with suppliers to maximize value.

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Driving better sourcing outcomes in every category and industry


Cost avoidance in technology


Extra savings in packaging


Time saved in manufacturing


savings in retail

Customers maximizing value with Sourcing Optimizer

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achieved greater efficiency, control, and decision-making in their logistics sourcing processes


in logistics spend optimized

Sourcing optimization highlights

Increase sourcing events

Drive adoption with easy-to-use features for flexible sourcing event design, event lifecycle management, supplier views and award analysis.

Save up to 85% of time on events

Improve the efficiency of sourcing events with automated data cleansing, rapid event design and AI-driven bid sheet configuration.

Tap into supplier expertise

Allow suppliers to submit alternative, off specification bids to leverage supplier know-how and innovation.

Save up to 25% cost

Create more savings by increasing competition with real time bid feedback to suppliers that lets them know their relative competitiveness.

Sourcing Optimizer features

Drive higher adoption with a user-friendly UI

Keelvar Sourcing Optimizer has an easy-to-use interface that requires no coding or advanced mathematical skill to use. It features event progress visualization that shows you where you are in the sourcing process.

Get the best from suppliers with flexible bidding

Suppliers can provide conditional discounts, create item bundles and submit alternative bids. Bids can be entered manually or uploaded via Excel. Bidders are provided fast feedback on bids by showing traffic light rating or rank.

Optimize decisions with scenario analysis

Create as many scenarios as you need. Model business constraints and factor in costs for sustainability, risk management and more. Evaluate complex supplier discount setups. All without any need for coding.

Maximize competition through multi-round RFQs

Drive competition by running multiple rounds of RFQs while providing feedback (traffic light rating or rank) to suppliers about their relative competitiveness.

Negotiate effectively with E-auctions

Keelvar supports reverse auctions that enable suppliers to bid against each other in spend categories where requirements are easy to define and quantify.

Sourcing optimization resources