Direct Materials Sourcing Optimization and Automation

Improve the quality of sourcing critical direct materials.

Raw and direct materials are vital to your business's success, and your buyers should have the best possible solution for making an optimal decision for sourcing those materials.

Keelvar makes it easier for more buyers to optimize their decisions for quality, price, and lowest risk.

Sourcing direct materials such as ingredients, commodities, chemicals, or other raw materials can be quite challenging for sourcing groups that don’t have the right strategic sourcing solution in place. There are many factors in an award decision beyond market-fluctuating prices to consider, such as ensuring you are working with reliable and ethical suppliers, acquiring materials that meet quality standards, reducing supply chain risk, and more.

Keelvar’s sourcing optimization platform features usability and automation efficiencies that are perfectly suited for event creation, bid collection, and sourcing decision analysis related to direct materials.

Direct Materials Sourcing Optimization & Automation

Keelvar helps direct materials buyers benefit from automation efficiencies for their events, both small and large in scale:

Ease of event creation from the upload of existing RFPs/bid sheets

Ease of event lifecycle management and auto-piloting

Flexible bid data collection

Supplier bid data validation

Supplier traffic light feedback

Flexible, robust cost modeling

Ease of reviewing bids and comparison of award scenarios

Speed in launching mini-RFPs

Why Keelvar for Direct and Raw Materials Procurement?

Our unique advantages for optimizing and automating the sourcing of direct materials include:

Scalability to handle everything from spot bids to large-scale RFPs with 100s of SKUs, 10K+ suppliers, and 1 million+ bid data points.

Optimization features and support services improve your direct materials event on-boarding, bid collection, and decision outcomes.

A supplier-friendly user experience improves competition, quality, savings, compliance, and delivery.

Direct Materials Sourcing Complexities

Keelvar helps buyers of direct materials make optimal decisions and mitigate supply chain risk, given a range of category-driven price and non-price inputs, including:

Supplier incumbency, reliability and quality/risk scores

Commodity rates and timing

Types of materials being sourced

Quality variations

Number of items and specifications

Geographic price differences

Sustainable and Corporate Social Responsibility (CSR) sourcing factors

Minimum order quantities

Lead time and just-in-time delivery options

Discounts by volume and bundled offers

Detailed pricing breakdowns

Contract and payment term options, including price escalation clauses

Size of spends: strategic, mini-tender, or tail spend

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More Direct Materials Sourcing Resources

See for yourself how Keelvar's Sourcing Optimizer brings automation, flexible bidding, and robust scenario comparisons to improve your award decisions for direct materials and commodities suppliers. Request a demo:
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