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Best Value Sourcing
Puridiom offers the first and only collaborative procurement selection solution based on 'Best Value' sourcing.
In best value sourcing, whether selecting a proposal, browsing a catalog, issuing a reverse auction or selecting the best solution to address your organization's procurement needs, making the right choice is paramount.
A sub-optimal selection is associated with significant hidden costs. The problem is amplified by the lack of symptoms. Since no one purposely selects a second tier solution, decision makers are unaware of these hidden costs, associated with erroneous selection. Protests are the second challenge that often bogs down the acquisition process and end up becoming very costly. Although there is no system that entirely eliminates protests, the transparency of the proposed solution does significantly reduce the amount of protest.
Puridiom offers the first and only collaborative, expert assisted, tradeoff based, multi-criteria procurement selection solution that addresses the challenges of "Best Value Sourcing".
For more information about best value sourcing, click here.
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