Indirect Sourcing Optimization and Automation
Optimization easily benefits wide-ranging indirect spend categories.
The category of indirect materials and services is massively diverse in its needs. From professional services to MRO and equipment, many of these areas are ripe for optimization to find new savings and quality improvements.
With a focus on usability, adoption, and scale, Keelvar helps optimization touch more spends than ever before.
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Every mid- to large-sized business procures goods and services that do not directly go into the manufacture, packing, or distribution of a product. These indirect spend sub-categories cover many areas and may not be as well managed as procurement would like. Some indirect spends are incredibly simple in making the supplier choice, while others can be highly complex and can benefit greatly from a strategic sourcing process.
Keelvar’s easy-to-use sourcing optimization and automation features deliver the flexibility to get more indirect and tail spends under management, competitively sourced, and de-risked.
Indirect Spends Optimized With Keelvar
MRO (Maintenance, Repair, Operations)
Marketing and advertising services
Professional services: Legal, finance, HR, travel
Office supplies and equipment
IT and telecom equipment and services
Uniforms, PPE, and other personnel supplies
Facility care services: janitorial, landscaping, waste removal
Security equipment and services
Construction, Engineering, HVAC
Contingent Labor
Fleet
Travel
Utilities and energy and more
Why Keelvar for Indirect Materials and Services Procurement?
Scalability to handle smaller bids to large-scale RFPs with 100s of SKUs, 10K+ suppliers, and 1 million+ bid data points.
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Optimization features and usability get more spends and sourcing decisions under management.
A supplier-friendly flexible bidding experience improves price compression, creative offers, and quality.
Indirect Materials and Services Sourcing Complexities
Localized suppliers and geographic coverage
Minimum or maximum suppliers
Incumbency preferences or weighting
Other stakeholder preferences
Capacity
Lead times
Alternative offers to specifications
Volume, tiered, or bundled discounts
Variable or added fees
Detailed pricing breakdowns
Geographic price differences
Sustainable and Corporate Social Responsibility (CSR) sourcing factors
Minimum order quantities
Contract and payment term options
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Indirect Sourcing Optimization & Automation
Ease of event creation from the upload of existing
RFPs/bid sheets
Speed in launching mini-RFPs and auctions
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
