How it Works
Ariba StartSourcing is an intuitive, web-based RFx management tool that enables you to create, execute, and manage sourcing events from your desktop. The cloud-based solution is delivered on a subscription basis with no monthly fee.
In brief, here's how Ariba StartSourcing works:
- Sourcing Project Creation: Build an RFI, RFP, or reverse or forward auction using a wizard-driven process. Easily specify the event type, commodity, base language, regions, baseline spend, target savings percentage, currency, contract length, and contract effective date.
- Supplier Discovery and Invitation: Search for suppliers on the Ariba Network. You can also publish your intent to hold the event, and vet interested suppliers through an RFI.
- Pre-Bid Collaboration: Collaborate with stakeholders and advisors to refine and hone the event before launching it. You can even run a test event to make sure all your team members and invited suppliers understand your sourcing objectives and RFx content.
- Online Bidding Event: Go online and have your bidding event. Collect price and non-price information, along with weighted scoring and grading results, to help you make a best-value selection decision.
- Supplier Selection: Award the business. Ariba StartSourcing program flexibility means you can award the entire project to a single supplier, or allocate different lots or different percentages to multiple suppliers, right down to the line-item level.
For more details, watch the video tutorials and download the datasheet.
