AI-powered strategic sourcing that drives the best outcomes

Keelvar’s intelligent sourcing optimization increases cost savings and efficiency with more competition, more data, and faster cycle times.

Book a demo

Sourcing Optimizer is for:

Any category of spend and any industry

Enterprise and mid-sized global customers

If you still use email and spreadsheets for sourcing

If you struggle with adoption of legacy sourcing optimizers

Sourcing optimization built with AI at its core

Go beyond cost focus

Enable sourcing teams to make the best choices, not just lowest-cost ones. With AI-driven scenario analysis, evaluate bids based on richer data including price and non-price criteria (sustainability, risk, innovation) without writing a line of code.

Learn more

Manage sourcing projects of any size

Tackle tenders with thousands of line items or suppliers effortlessly. Load, analyze, and act on big data – instantly. Even the most complex bid sheets are uploaded and configured in seconds with Keelvar's native AI.

Learn more

Support supplier collaboration and flexibility

Enable suppliers to put their best foot forward with bundled items, conditional discounts and alternative bids. This drives collaboration, win-win outcomes, and helps both you and your suppliers to maximize value.

Learn more

Request demo
See Sourcing Optimizer in action with a live demo

Driving the best sourcing outcomes in every category and industry

87%

Cost avoidance in technology

25%

Extra savings in packaging

85%

Time saved in manufacturing

$37m

savings in retail

Customers maximizing value with Sourcing Optimizer

Sourcing optimization highlights

Drive adoption, and results simulatenously

Easy-to-use features make for a flexible event design, event lifecycle management, and supplier views. User-friendly LLMs boost speed of execution of tedious tasks such as formula creation and scenario analysis.

Save up to 85% of time on  events

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

Leverage your suppliers' expertise

Allow suppliers to submit alternative, off specification bids to leverage supplier know-how and innovation – without creating more complexity for your buyers.

Cut costs by up to 25%

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

Sourcing Optimizer features

User-friendly UI
Scenario analysis
Flexible bidding
Multi-round RFQs
E-auctions

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. Kai, our built-in AI Agent, further helps with automating or simplifying tasks.

Optimize decisions with scenario analysis

Create as many scenarios as you need without any need for coding. Input your preferred scenarios in natural language and let Kai (our AI Agent) model business constraints, factor in costs for sustainability, risk management and more, or evaluate complex supplier discount setups.

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.

Maximize competition through multi-round RFQs

Drive competition by running multiple rounds of RFQs while providing feedback (traffic light rating, text, 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 success stories
Check out what our customers say

Read Case Study

“Keelvar makes processes that are complex, simple, so you can easily follow them, and you can easily go through the checkpoints, so you’re sure you’re not going to make a mistake. It’s like having a second pair of eyes checking everything you’re doing, but in a smart way that unlocks more value for strategic events.”

Radu Panciuc, Contracts & Innovation Manager - Samsung

Read Case Study

“Keelvar is a very user-friendly, simple system, with a lot of powerful things integrated into one solution. The success is the data transparency and the structured way of the process”

Steffen Decker, Senior Director of Sourcing Excellence - KK Wind Solutions

Read Case Study

“We figured out a better way to do these larger events. And because the bids weren’t so painful, we were able to go more frequently. So we started to do many more events throughout the course of the year.”

Basil Weaver, Director of Supply Chain Solutions and Analytics - CJLA

Watch Video

“Interaction with our suppliers is all within Keelvar's tool. Two years from now when we go back into this year's event,  all the details will be in there. Everything that you need to know about that event is captured in one place.”

Sheila Lopez, Sr. Manager Sourcing Analytics, Stanley Black & Decker

Sourcing optimization resources

Making the Case for Sourcing Optimization

How to make a strong business case internally

ebook

Samsung saved $5m in cost and 85% of time

By moving from excel to Keelvar Sourcing Optimizer

SUCCESS STORY

Keelvar Sourcing Optimizer datasheet

Product overview, features and benefits

Datasheet

CJLA Streamlines Transport Sourcing

Gaining advantages by going quickly to market

success story

Want to stay in touch?Subscribe to our quarterly newsletter!

Product
ProductsSourcing OptimizationAutonomous Sourcing
Solutions
By Industry
By Spend Category
By Initiative
Resources
Case StudiesBlogKnowledge HubEventsVideosWebinarsDocuments
Company
CustomersAbout UsPartnershipsCareersNewsroomRequest a demoContact Us
Support
User SupportKeelvar App LoginKeelvar App StatusSecurityLegal

© Keelvar

Privacy PolicyCookie Policy© 2023 Website Design
Twitter
Linkedin