Sourcing Intelligence: On Demand Sourcing Solutions for the Energy Industry
PowerAdvocate’s web-based sourcing platform optimizes and accelerates your sourcing efforts by providing complete access to our supply-market data. With PowerAdvocate Sourcing Intelligence, our customers have streamlined their sourcing practices, sourced complex categories and more accurately evaluated Total Cost of Ownership (TCO).
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SEE EVERYTHING
Collaborate |
Ease of use promotes quick adoption
Sourcing Dashboard – See all sourcing activity and manage it at your fingertips Buying Team Collaboration – Create your own online workgroups to collaborate and determine appropriate access levels for your buying teams Messaging – Communicate with suppliers and team members to keep them updated on activity Supplier Discovery – Find your suppliers through PowerAdvocate's global energy supplier database |
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DIVE DEEPER
Manage the Complexity |
Advanced tools to source complex equipment and services
RFx Management – Includes bid setup, document exchange, online data sheets, sourcing project management, pre- and post-bid collaboration, supplier evaluation and bid award Energy-Specific Classification – Data delivered in a natural buying group hierarchy to help you manage your category, sub-category and item activity Utility-Designed Data Sheets – Online data sheets capture bid-specific data including commercial, technical and pricing templates for reuse and advanced analysis e-Auctions – Structure and execute online reverse auctions |
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NAVIGATE THE FUTURE
Deliver Results |
Buyers & vendors working together in a controlled & repeatable process
Data Management – PowerAdvocate maintains the world’s largest energy supply chain FactBase™ seeing every supplier, spend transaction and market trend SaaS Delivery – No ERP configuration needed, just login and create your events. Enhancements and upgrades addressed from our end, not yours. Vendor training conducted through our Help Desk Auditability – Reporting capabilities on key sourcing decisions Scorecarding – Create, manage and edit configurable scorecards Industry Leading Adoption – The PowerAdvocate Sourcing Intelligence platform leads the energy industry in ease of use |
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Sourcing Intelligence: On Demand Sourcing Solutions for the Energy Industry
PowerAdvocate’s web-based sourcing platform optimizes and accelerates your sourcing efforts by providing complete access to our supply-market data. With PowerAdvocate Sourcing Intelligence, our customers have streamlined their sourcing practices, sourced complex categories and more accurately evaluated Total Cost of Ownership (TCO).
Save Time:
Streamline buyer/supplier communication & stakeholder collaboration
Save Money:
Access to category information, global industry suppliers, and market information
Increase Competition:
Ensure that all potential and appropriate bidders are included
Auditability and Prudency:
Risk mitigation & prudent decision making require accurate up-to-date information
Standardization:
Centralize and standardize RFx and data sheet repository
Transparency:
Enterprise-wide reporting and view of sourcing activities and supplier performance
Sourcing Intelligence: On Demand Sourcing Solutions for the Energy Industry
PowerAdvocate’s web-based sourcing platform optimizes and accelerates your sourcing efforts by providing complete access to our supply-market data. With PowerAdvocate Sourcing Intelligence, our customers have streamlined their sourcing practices, sourced complex categories and more accurately evaluated Total Cost of Ownership (TCO).
Access Deep Industry Knowledge:
Access go-to-market templates, standardized/configurable events, technical specifications and commercial data sheets to acquire energy-specific products and services.
Simplify Sourcing Complexity:
Use collaborative advanced tools to source complex categories, collect enhanced data and evaluate TCO.
Identify Suppliers:
Industry-leading database of qualified suppliers
Improve Supplier Management:
Easy supplier registration, data collection and training; full Help Desk support provided
Monitor & Manage Events:
On-demand dashboard interface to facilitate sourcing events, monitor bid activity, collaboratively retrieve bid documents and evaluate bids
Enhance Data Collection:
Integration of commercial and technical information with other procurement/project systems to evaluate TCO scenarios
Sourcing Intelligence Brochure
The rules of the game have changed, requiring you to be better informed and more adaptable to respond to evolving market conditions. Supply Chain is under pressure to deliver to bottom line performance, but between limited resources compounded with increasing activities, Supply Chain faces significant challenges in contributing to the bottom line. Something has to change - traditional procurement strategies are not sustainable in the face of today’s demand for shorter cycle times and more complex and collaborative activities.
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Our project schedule was under extreme time pressure - construction delays risked losing $M per day. By implementing Sourcing Intelligence, a single employee was able to reduce our RFx cycle-time from several months to just two weeks, allowing the 2.5 month construction to be completed against all odds, before the rainy season. Sourcing Intelligence helped me so much, I am in debt to you guys."