Strategic Sourcing Overview

Strategic Sourcing is a powerful sourcing software solution designed to help businesses optimize their procurement and supplier management processes. The platform provides businesses with the tools needed to source materials, negotiate contracts, and manage supplier relationships more efficiently. Strategic Sourcing includes features such as supplier discovery, bidding management, contract tracking, and supplier performance evaluation, helping organizations make more informed purchasing decisions and secure the best possible terms. The software also includes real-time analytics and reporting tools, allowing businesses to monitor key metrics such as cost savings, supplier compliance, and delivery performance. By centralizing sourcing activities in one platform, Strategic Sourcing helps businesses reduce inefficiencies, streamline workflows, and improve procurement outcomes. The software also supports integration with existing enterprise resource planning (ERP) and supply chain management systems, making it easy to incorporate into existing business operations. Ideal for organizations of all sizes, Strategic Sourcing is designed to drive smarter sourcing decisions and improve supplier relationships.

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Contact Details

  • Vendor Name Neogrid
  • Founded 1999
  • Location United States

Support

    NA


Training

  • NA

Licensing & Deployment

  • Proprietary Proprietary

Typical Customers

  • Self-Employed Self-Employed
  • Small-Business Small-Business
  • Midsize-Business Midsize-Business

Languages Supported

English, French, German, Portuguese, Russian, Spanish, Turkish, Chinese (Simplified)


Industries

Information Technology & Services, Medical Practice, Primary/Secondary Education

Strategic Sourcing Features

  • Arrow Icon Activity Dashboard
  • Arrow Icon Approval Process Control
  • Arrow Icon Auction Management
  • Arrow Icon Audit Management
  • Arrow Icon Bid Management
  • Arrow Icon Budget Management
  • Arrow Icon Catalog Management
  • Arrow Icon Compliance Management
  • Arrow Icon Contract/License Management
  • Arrow Icon Document Management
  • Arrow Icon ERP integration
  • Arrow Icon Global Sourcing Management
  • Arrow Icon Invoice Management
  • Arrow Icon Procurement Management
  • Arrow Icon Purchase Order Management
  • Arrow Icon Purchasing & Receiving
  • Arrow Icon Quotes/Estimates
  • Arrow Icon Requisition Management
  • Arrow Icon RFP Creation
  • Arrow Icon Rfx Management
  • Arrow Icon Risk Assessment
  • Arrow Icon Spend Analysis
  • Arrow Icon Spend Control
  • Arrow Icon Supplier Management
  • Arrow Icon Supplier Risk Management
  • Arrow Icon Supplier Web Portal
  • Arrow Icon Supply Chain Management
  • Arrow Icon Template Management
  • Arrow Icon Vendor Management

Strategic Sourcing Pricing

Pricing Type

  • Pricing Type Per Feature

Preferred Currency

  • USD ($) USD ($)

Free Trial

  • NA

Free Version

  • NA

Payment Frequency

  • NA

Strategic Sourcing FAQs

Strategic Sourcing is a powerful sourcing software solution designed to help businesses optimize their procurement and supplier management processes. The platform provides businesses with the tools needed to source materials, negotiate contracts, and manage supplier relationships more efficiently. Strategic Sourcing includes features such as supplier discovery, bidding management, contract tracking, and supplier performance evaluation, helping organizations make more informed purchasing decisions and secure the best possible terms. The software also includes real-time analytics and reporting tools, allowing businesses to monitor key metrics such as cost savings, supplier compliance, and delivery performance. By centralizing sourcing activities in one platform, Strategic Sourcing helps businesses reduce inefficiencies, streamline workflows, and improve procurement outcomes. The software also supports integration with existing enterprise resource planning (ERP) and supply chain management systems, making it easy to incorporate into existing business operations. Ideal for organizations of all sizes, Strategic Sourcing is designed to drive smarter sourcing decisions and improve supplier relationships.

  • No, Strategic Sourcing does not offer a free version.

  • Yes, Strategic Sourcing offers a free trial.

  • No, Credit Card details are not required for the Strategic Sourcing trial.

  • No, Strategic Sourcing does not offer an API.

  • Strategic Sourcing supports the following languages:
    • German , English , French , Portuguese , Russian , Spanish , Turkish , Chinese (Simplified)

  • Following are the typical users of the Strategic Sourcing:
    • Self-Employed , Small-Business , Midsize-Business