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Automated Sourcing

Use the possibilities of digitization also in procurement to reduce manual activities and increase your savings.

With mysupply you automate your entire tender process by speeding up the supplier search, evaluating the offers easily and negotiating automatically with the help of our system intelligence.

Arrange a demo!

See our release event from July 7th 2021 here:

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Learn more about mysupply from our team here:

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Speed up
supplier search


Create alerts with just a few clicks and coordinate them with your specialized department. With an integrated supplier search, new suppliers are invited without any effort.

Simplify offer comparison


Offers are compared automatically on request. In complex tenders, lots are automatically created via an algorithm and prepared for the negotiation.

AUTOMATIZE
Negotiations


Game theory algorithm determines the optimal negotiation strategy for each negotiation situation. The negotiation is carried out automatically.

What can mysupply do for you?

Guided Sourcing



Challenge:

Procurement managers and requestors have high effort in sourcing and no time to prepare and conduct powerful negotiations​


Deal size:

mysupply helps companies having a regular frequency of high-to-low value demand to improve their efficiency and negotiate great deals.

We guide our users through the sourcing process with an intuitive UX and powerful features, reducing the manual effort required and increasing the savings per purchase.

mysupply can be used as a standalone software or it can be integrated into various ERP systems and procurement suites to increase the degree of automation.

Automated Sourcing



Challenge:

Operational procurement has high manual effort in sourcing tactical and tail spend



Deal size:

mysupply helps companies having a high frequency of medium-to-low value demand to automatically source and negotiate great deals.

With an easy but powerful negotiation, mysupply can dramatically reduce the effort needed to handle such deals.


Our tool can be adapted to the complex needs of big companies and fully integrated into their existing IT landscape.



Autonomous Negotiation



Challenge:

Savings are not realised for small value goods as manual negotiation is not economical


Deal size:

mysupply helps companies having a very high frequency of lower value deals to conduct negotiations in a completely autonomous and successful way.

We extend existing RFx processes with completely autonomous negotiations. This leads to more savings without any effort.


Our tool can be adapted to the complex needs of big companies and fully integrated into their existing IT landscape.



Speed up supplier search

Save process costs with very easy tendering processes

  • ACCELERATE TENDERING:
    mysupply lets you create tenders with just a few mouse clicks and within minutes.
  • COMMUNICATION WITH SPECIAL DEPARTMENTS:
    Communicate tool-supported with your special department so that the demand can be tendered quickly.
  • INTEGRATED SUPPLIER SEARCH:
    Use our integrated supplier search and find your new suppliers in over 4 million data sets.

Simplify offer comparison

Easily evaluate a variety of offers based on your most important criteria

  • AUTOMATED EVALUATION OF OFFERS:
    Your evaluation criteria are automatically filled by mysupply with the available data. Thus, an evaluation of the offer is greatly simplified.
  • ALGORITHMIC FORMATION OF LOTS:
    In the case of complex tenders, the items are automatically combined into meaningful lots in order to optimally prepare the negotiation.
  • COORDINATION WITH SPECIAL DEPARTMENTS:
    Easy involvement of special departments during the offer evaluation.

Automated negotiation

Negotiate the optimal price with the help of our game theory algorithm* - even without prior knowledge

  • STRATEGY ENGINE:
    Algorithmic game theory suggests an optimal negotiation method, such as an eAuction, based on the competitive situation.
  • FOOLPROOF:
    Perform complicated negotiation methods automatically, even without prior knowledge.
  • SELECTION OF OFFERS:
    Optimum negotiation result
  • DATA TRANSFER INTO YOUR ERP SYSTEM:
    If desired, the negotiation result can be directly converted into a purchase order in your ERP system.

TENDERS AND NEGOTIATIONS HAVE A HUGE AUTOMATION POTENTIAL

  • Working hours for tenders and negotiations per year (worldwide)
Standard process
5,3 bn
mysupply
3,7 bn
>30%
Possible reduction in hours
  • Annual procurement spend in USD (worldwide)
Standard process
45 tri
mysupply
40 tri
>11%
Potential spend savings

Simply calculate the savings potential for your company with our ROI calculator yourself!

Calculate your ROI here!
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How does mysupply work

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Further benefits

Easy

The use of mysupply is foolproof even for complex tenders. It is possible to use digital negotiation methods such as eAuctions even without any knowledge of game theory.

Goodbye to Maverick Buying

By using mysupply, you can say goodbye to Maverick Buying in your company. All awards are documented in detail and are audit-proof.

Great overview

A dashboard compiles the most important key figures of the previous tenders. In addition, the bidding history can be viewed in full detail.

Individual workflows

Companies need individual solutions. The flexibility of mysupply allows us to design individual processes for your procurement with little effort.

API integration

The API integration allows an unproblematic connection with your ERP system. In addition, very individual connections can also be created, e.g. for special approval processes.

Our algorithms at a glance

1

Request and
Scout

The buyer or the depart-ment can easily find suppliers and put the demand out to tender.

2

Enhanced Evaluation

Suppliers' offers are automatically evaluated using available data sources.

3

Sorting Algorithm

Complex tenders with many positions are automatically combined into meaningful lots.

4

Strategy Engine

Our data analysis based on game theory suggests an optimal negotiation method.

5

Negotiation Engine

The digital negotiation with the suppliers is carried out automatically.

Select your starting package

Pilot

5 events in 30 days
299 € one time fee per user
  • Email Support
  • Phone support
  • Coaching
  • Custom workflows
  • ERP Interfaces
Sign up

Basic

10 events per month
299 € monthly per user*
  • Email Support
  • Phone support
  • Coaching
  • Custom workflows
  • ERP Interfaces
Sign up

Premium

30 Events per month
499 € monthly per user*
  • Email Support
  • Phone support
  • Coaching
  • Custom workflows
  • ERP Interfaces
Sign up
Popular

Enterprise

Unlimited events
starting from
999 € monthly per user*
  • Email Support
  • Phone support
  • Coaching
  • Custom workflows
  • ERP Interfaces
Sign up

* Prices are valid for a yearly subscription and annual payment.
The use of mysupply is basically free of charge for suppliers.