With a focus on usability, adoption, and scale, Keelvar helps orgnizations optimize indirect material spends than ever before to help their indirect material procurement process.
The amount of spend for sourcing different indirect materials can vary from very high to almost negligible. For larger categories of spend, Keelvar Sourcing Optimizer helps you uncover more savings. For lower value spend or urgent needs, Keelvar Autonomous Sourcing enables employees to source themselves while maintaining compliance.
Ease of event creation
Event auto-piloting
Flexible bid data collection
Supplier bid data validation
Traffic light feedback
Robust cost modeling
Award scenarios reviews
Speedy spot buys
Handle everything from spot bids to large RFPs with 100s of SKUs, 10K+ suppliers and millions of bid data.
Enable end users to source directly from suppliers for spot buys with automate sourcing bots.
Boost agility by conducting a range of indirect material events quickly, with intuitive reporting.
Reduce supply chain risk with price and non-price bid analysis for better decision-making.
Get more advanced and user-friendly features not found in an ERP, P2P or generic e-sourcing tool.
Easily integrate with other upstream and downstream systems via API.
Keelvar helps indirect materials buyers make optimal decisions given a range of category-driven price and non-price inputs.
Wide-ranging supplier options
Types of suppliers by item
Alternative materials and specifications
Sustainable & CSR sourcing factors
Varying units of measure
Varying minimum order quantities
Varying capacity constraints by location
Discounts by volume and bundled offers
Geographical coverage
Supplier preferences (by plant, item, etc)
Contract term options
Size of spends: tactical, strategic or tail spend
“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.”
“We’ve got this awesome Optimizer that we use to run large scale, complex sourcing events. But then we’ve also got the autonomous sourcing piece of it now, which is built onto the Optimizer, so you don’t even have to train the teams to use it. You now have a bot do all the work of building and creating the events for you.”
“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.”
Drive better sourcing outcomes for strategic spend
Extend sourcing best practices to the entire business
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