Find out how automation can transform your buying experience
I’m ready to learn more about Autonomous Sourcing.
Moving towards autonomous sourcing allows procurement professionals to shift more of their attention to items of the highest complexity and highest value while automating the simple and repetitive tasks that occur with high volume and currently take a large amount of time. This increases speed and efficiency of buying teams and reduces the effort they are spending on low value tasks. Purchase Fairmarkit’s Autonomous Sourcing suite and enjoy:
Cycle Time Reduction: With Fairmarkit’s automated RFQ, organizations can reduce their cycle times by 49%
Increased Response Rates: Supplier recommendations and autonomous bundling doubles quotes per RFQ compared to manual send
Higher Cost Savings: By receiving 2x quotes per bid, increased supplier competition drives significantly higher cost savings