StrategISource focuses on analysis and decision support for strategic sourcing initiatives of businesses. It provides visibility into critical areas of sourcing, providing valuable information on savings pockets, sourcing efficiencies, event effectiveness, etc.

StrategISource comprise of the following main modules:

(a) StrategIVendor Connect™ that connects enterprises to the Private and Public Vendor Exchanges and Sourcing Service Providers.

(b) StrategISmart™ Source™ that provides decision support to help derive optimal Sourcing Strategies product category-wise.

(c) StrategiAdvanced™ Source™ that help integrate the Sourcing Strategies to the finished goods demand as well as critical market behaviors.

StrategISmart™ Source uses the innovative StrategIReverse™ Procurement™ module that uses proprietary models and techniques to derive StrategIOptimum™ Buying Pattern and StrategIReverse Budget™. Based on these, StrategISmart Source uses proprietary techniques to derive the recommend buying patterns and their recommended sourcing methods and events. It also helps organizations plan and track the critical activities and milestones in order to finally help execute the sourcing methods and events successfully.

The StrategISystems also provide automatic vendor mapping product-wise event-wise in order to help companies reduce the time to execute. This not only increases the sourcing efficiency but also further reduces the risks of material delivery delays, material non-availabilities, event drop-outs, etc. The automatic Vendor Mapping is provided using proprietary mapping techniques and data mining features available in the StrategISmart Source.

StrategIConnect™ further automates and streamlines the sourcing activities by automatic email creation and distribution. And StrategIVendor Connect™ helps connect the StrategISource to multiple exchanges. And in case of organizations that outsource the sourcing event execution, this module provides standard interfaces that provide easy integration to the third party Sourcing Event Software.

StrategISource has tailor-made solutions for design-to-order, continuous process and discrete process manufacturing. These solutions are also customizable in order to meet specific needs of your business.