LiveSource General Overview

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35% 45% 20% 50 000 Sourcing Professionals 150 000 suppliers Industrial worldwide community of more than 200.000 members Offices in the USA (Atlanta), France (Paris), Switzerland (Geneva), and China (Shanghai) 200+ employees Users: 50’000 Purchasing professionals and 150’000 Suppliers Operating in 7 languages The online community for the Manufacturing Industry 1 Confidential and Proprietary

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High Level LiveSource Overview

Transcript of LiveSource General Overview

Page 1: LiveSource General Overview

35%

45% 20%

50 000

Sourcing

Professionals

150 000

suppliers

Industrial worldwide community of more than 200.000 members

• Offices in the USA (Atlanta), France (Paris), Switzerland (Geneva), and China (Shanghai)

• 200+ employees

• Users: 50’000 Purchasing professionals and 150’000 Suppliers

•Operating in 7 languages

The online community for the Manufacturing Industry

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Ineffective communication between Purchasing, Quality, Procurement

Challenges for your organization

Poor suppliers benchmark

Data not centralised

Poor data capture on suppliers preventing meaningful analysis

Poor standardization of structured information

No method of sharing « best practices » to leverage efforts

Ineffective communication leading to redundant efforts

Risks management

Lack of « time to market » optimisation

Too many Admin. Tasks preventing High added value from buyers

Difficulty Identifying & resolving sources of delay

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Finance

Engineering

Sourcing

Manufacturing

Senior

Management

IT

Quality Management

Services

Commodities

Production goods

LiveSource in your Organization : functions and Geographies

Non Production Purchasing

Risks Management

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RFX Collaborative

Benchmark

Sourcing

Portfolio Management Analytics & decision tools Negotiation Suppliers evaluation Suppliers validation SIS

REPORTING

Existing Suppliers

Challengers

Suppliers

Your team

LiveSource main process

Suppliers Management Reports & capitalization Best practice collect and share Contract and reports management

Reports set up & creation Activity and management Savings Statistics

Data tracking Customisation Integration Security Multilingual Multicurrencies

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Sourcing Professional B

Sourcing Professional A

Sourcing Professional C,D

• Common address books: share experience regarding suppliers

• Common RFX templates: share purchasing best practices

• Standardization of sourcing process and roles management

Roles Management

RFX: Sharing experience and best practices

Your own suppliers management

Strategic sourcing: MFG.com Marketplace

Shared Best practices templates RFQ-RFI-Auctions

NDA’s

Known suppliers

Sourcing

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Build your suppliers’ dynamic database :

RFQ

Recurring Process

Knowledge Database

Market data

8D, PPAP, SRM,…

PDM, ERP, Cost structure

analysis,…

Suppliers on boarding

Quality records

Supplier

Purchasing

SQD

R&D

Administrative

processes

Interactive exchange processes

Business orientation processes

Environnement

Data collection

Suppliers quality data compliance

Questionnaires, Surveys, Reach, …

SIS: Supplier Information System

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Reporting: Measure & consolidate to leverage efforts

Export & distribute your measures & analysis

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Answ. Ratio

RFQ Count.

Supplier rate

Savings

Activity from

your organization

Activity from

your suppliers

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Memberships

Professional

Enterprise

Preformatted

RFX : RFQ, RFI, … Suppliers management Negotiation : Dynamic, Reverse, … Security : Logic, NDA, … Administration : Users, roles, … Reporting : Activity, savings, …

Private commodity segmentation Template library : RFQ, RFI, Auctions Administration : Workflow Multi companies : group Management Supplier Information System ….

Customizable

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Improvements:

Before LiveSource

average After LiveSource

Technical Data dispatching: $20.000 a year Unlimited

Open inquiries for new projects 2-3 5-50

Information file transfer to Suppliers 5 days 1 day

NDA and Purchasing terms and condition acceptance: 70% 100%

Recall before due quotation due date: Telephone Automatic

Detailed information in quotation: 50% 100%

Lead time for final choice decision 4 weeks 2 weeks

Cost down competition achievement: 1.5% 15-25%

Decision chart to award Set up by buyer Automatic

Information about sourcing decision: Telephone or e-mail or fax Automatic e-mail

On going business to reconsider: 20% turnover each year 50% turnover each year

European inquiry sharing impossible possible

Inquiry traceability sharing: Buyer/project/techno weak 100%

Change notice lead time to transfer: 5 days 1 day

Buyer productivity improvement 100% 120%

Financial benefit Management Time saving Information Sharing

Return On Investment

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