How Medius Sourcing centralizes procurement data to streamline negotiations and drive savings

Discover how Medius Sourcing centralizes sourcing data and simplifies procurement. This overview explores customizable dashboards, sourcing event templates, RFX questionnaires, automated approvals and scoring, quick quotes, electronic auctions, supplier progress tracking, and real-time reporting—all designed to improve visibility, streamline negotiations, and generate savings.

With all your sourcing data aggregated into a centralized point of management, Medius Sourcing offers complete visibility with a flexible modular dashboard  

You can easily create a custom interface by simply dragging and dropping relevant widgets. You can also drill into detail for a deeper analysis. Just select any sourcing event to view the information.

Creating and modifying sourcing events is quick and simple with the configurable preset templates.

The comprehensive and easy-to-use questionnaire feature allows you to easily and quickly build your RFX.

Each question type is highly customizable.

You can choose from a variety of different types of questions and set up automatic scores for each answer.

Once a draft is submitted, Medius Sourcing will automatically send it to the right person for approval.

Medius Sourcing collates all the responses and gives you access to real-time supplier progress.

Based on your suppliers' responses, an  automatic score is assigned to each question and you can quickly review, analyze and award contracts.

Using Medius Sourcing, you can easily get a quick quote for a product or service. Simply select the product or service you'd like a quote for, add a description of the item and indicative pricing.

Once you're happy with the details, you can share this with your suppliers.

Medius Sourcing accommodates for quick and easy setup of electronic auctions.

You can carry forward already qualified RFX responses or run a standalone event and invite all necessary suppliers. With Medius Sourcing you can drive real-time online negotiations, generate savings and learn more about your supply chain costs. Evaluating auction results is made simple as our solution collates  all the information and presents it to you.

You can also create tailored embedded  reports that will provide your employees and stakeholders with customized real-time information.

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