Solutions

With a deep understanding of the buying process, NeoGrid develops and enhances e-Sourcing programs to help your company truly identify the best supplier. This enables collaboration among customers, external and internal business partners and suppliers for improvements, including:

Increased efficiency of purchasing teams and departments;
Meaningful and sustainable results;
Enhanced competitive intelligence.

By streamlining the sourcing process and eliminating complexities through full integration, the customer is able to have complete internal and supplier adoption to generate significant savings for a sustainable procurement process year after year. This process partners with immediate time to savings, usually realized with the completion of the first two sourcing events, to bring short term savings and long term value.

Companies who choose NeoGrid Global Sourcing and Procurement are focused on leveraging intelligence rather than outsourcing to generate value.

Companies who choose NeoGrid want:

Sophisticated negotiations on more than just price;
Improved Purchasing Productivity;
Better Contract Management;

Reduction of Personnel Costs;
Reduced Inventory redundancies;
Reduced Risks;
Enhanced governance practices.

ezMarket™ provides buyers and suppliers with an intuitive interface for quick and easy adoption, while allowing companies to use sophisticated features to accommodate complex bids and follow-up analysis.
ezMarket™ Express makes the robust e-sourcing technology found in ezMarket™ easily accessible to those requiring a more streamlined solution.
Discovery Services provides buyers with access to a global team of sourcing consultants to identify and pre-qualify new sources of supply.
Supplier Registry is where suppliers register to become a member of NeoGrid own preferred database of potential suppliers.
Commercial EDI increases productivity throughout the commercial process, reduces operating costs and rework by enabling customers and suppliers to electronically exchange data and information in a standard, consolidated, transparent and controlled way, thus reducing errors.

ezMarket™

Helping organizations standardize the buying process while achieving significant savings.

Organizations utilizing e-sourcing technology have driven nearly 200% higher realized / implemented cost savings than organizations without this solution in place.
Although most organizations understand the benefits of developing collaborative relationships with their supply base, few have implemented and leveraged a comprehensive e-Sourcing program to do so. With a deep understanding of the buying process, NeoGrid helps organizations develop or enhance existing e-Sourcing solutions to leverage economies of scale, establish best practices, and truly identify the best supplier for the job. NeoGrid e-Sourcing streamlines all steps in the strategic sourcing process—from auction/RFx modelling through event execution, collaborative analysis, and award of business. And, while other sourcing applications sacrifice usability in favour of complex technology, Global 1,000 organizations prefer NeoGrid e-Sourcing because it offers:

Easy Event Creation

Create quickly on-line, from templates or by copying existing events
Quick click editing
On-line preview to confirm accuracy and optimal formatting

Interactive Graphical Analysis

One-click scenario creation
Powerful event collaboration
What-if analysis scenarios

Unique Forum Functionality for real-time communication

Single platform for all stakeholders
Collaborative scoring capabilities

Features

Forward and Reverse Auctions
Dutch and Japanese Style Auction
eRFx: RFI, RFP and RFQ
NeoGrid Own Parallel Trade blends price and non-Price factors to mimic a more traditional negotiation style
Proposal Analysis

Automatic generation of Purchase Orders and Contracts in ERP
Electronic Invoicing
Communication Flow
Exchange of information with Suppliers
Report Generation

Implementation

Our track record of successful software implementation demonstrates our ability to generate user adoption while delivering value quickly. Our implementation methodology is proven to achieve and sustain significant return on investment, with customers achieving full program ROI within six months of deployment if not within the first one to two events.
Most software implementations take over a year to complete and disrupt a company’s people and processes. In today’s competitive market, no one has the patience to deal with these disruptions or the time to wait for results. NeoGrid e-Sourcing software solutions are implemented in a fast and low risk methodology, by phasing integration, change management, and value creation throughout the life of the deployment. Phased implementations help to reduce the risk associated with new software integration and align the companies’ business strategies with their customers.

Establish Best Practice
Achieve rapid and mass user adoption
Ensure sustainable cost savings
Increase your savings rates
Improve visibility and minimize risk
Shrink/accelerate Sourcing Cycle Times

We ensure rapid deployment and rapid ROI, giving you a competitive advantage in today’s new retail market.

ezMarket™ Express

Harness the power of the most flexible and easy to use sourcing tool on the market
Now you can have access to a world class solution at a low cost with NeoGrid ezMarket™ Express. ezMarket™ Express allows organizations to build sustainable sourcing practices that generate massive savings, optimize supplier qualification, and enhance internal collaboration via a central administration of supply chain management. NeoGrid has over 10 years experience delivering solutions for leading organizations. Let NeoGrid deliver immediate savings to you, today.

Get Started Today
Simply Request a demo today to see how ezMarket™ Express will help you save.

Discovery Services

Identify potential suppliers to stimulate competition and generating significant savings in your negotiations

NeoGrid Supplier Discovery Services helps organizations, from the early stage of sourcing, to find and prepare multiple potential suppliers-stimulating competition and increasing savings. This works equally well for sourcing raw materials, finished goods or services for any significant purchase. Our knowledge and human capital base is one of the most valuable resources available to our customer community and is unmatched in the retail and consumer goods industry.

Stay ahead the competition and achieve significant savings

Competition from non-incumbent sources provides additional savings opportunities to help you stay competitive in today’s challenging markets. That is why many of the world’s leading retailers turn to NeoGrid to run a more efficient search and onboarding process for potential new suppliers for any given product category.

NeoGrid allows you to focus on what you do best: build better product specifications, negotiate the best deal and market your items.

Using NeoGrid Supplier Discovery Services is easy
Simply complete the Request a Demo form below to test our services. You simply make the request and we do the hard work for you

Supplier Registry

Collectively, our customers conduct more than 10,000 events a year for thousands of buyers and sellers for a total spend in excess of US$1 trillion. Last year NeoGrid sourced 20,000 new suppliers across 800 different product categories and recommended them to its customers.

Signing up for NeoGrid supplier registry is a proactive method of exposing your firm to new potential customers. You are guaranteed to be first included in every project that matches the search criteria.

Sign up today to

Be recommended first when new suppliers are needed
Gain access to the list of projects each month
View weekly snapshots of searches in progress
Update your profile online, anytime
Receive training on NeoGrid online sourcing tools and demos
Have 24 hour, 5 day a week, multi-language support
Access million dollar events for only $240 a year

Click here to register online.

If you have any questions about supplier registry please email supplierregistry@neogrid.com. We look forward to welcoming you to the NeoGrid community as a registered supplier.

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