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CombineNet’s New ASAP 4.5 Release Increases Buyer-Supplier Collaboration and Delivers Improved Sourcing Decision Power

PITTSBURGH Feb. 22, 2011 Advanced Sourcing Application Platform (ASAP)

Rich Wilson

More details on CombineNet ASAP 4.5’s major new features and enhancements include:

    • Bid Feedback provides competitive feedback on individual bids for each item in a sourcing event, and can include Target pricing, Lowest price, % from Target, and Rank.
    • Supplier Feedback provides each supplier with personalized feedback on their overall bidding performance, which can include recommended actions to improve their competitive position in the sourcing event.
  • Scenario Analysis Configuration: Sourcing managers can now create custom analysis rules to evaluate any combination of item, supplier and bid attributes in the analysis of sourcing award options. Those custom rules are developed using ASAP 4.5’s easy wizard-driven configuration to create the necessary "What-if?" scenario models, which then harness the power of CombineNet’s industry-leading scenario optimization capabilities.

As a web-based SaaS solution, these new features of CombineNet ASAP 4.5 are immediately available to all the product’s users.  

Thursday, February 24 www.combinenet.com/asap-4-5?pr

About CombineNet

$6 billion www.combinenet.com

 

SOURCE CombineNet, Inc.

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