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Product Description
Adaptive Decisions' Bid Optimizer is the only out-of-the-box optimization plug-in solution that can be integrated into your sourcing platform in a matter of weeks versus the many months it would take you to build a dynamic optimization capability yourself. Adaptive Decisions' Bid Optimizer takes your decision support capabilities from simplistic parametric weighted analysis to highly complex, mathematical analysis.
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Parametric Weighting Analysis: |
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Adaptive Decisions Bid Optimizer: |
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Side-by-side comparison and simple supplier ranking |
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Actionable recommendations for suppliers, items, quantities, etc. |
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Inability to consider interdependencies among items, groups, suppliers in complex RFPs |
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Simultaneously consider interdependencies among thousands of items/bids, within or across suppliers |
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Limited to very basic business rules |
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Buyer can define and apply in-depth business rules and key attributes on the fly |
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Limited to either simple price lists or indivisible bundles (i.e., combinatorial auctions) |
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Allows both indivisible and divisible bundles, and volume discounts at all levels (item, bundle, supplier) |
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Not easily changed or upgraded |
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Easily extensible with new constraints, new attributes, new objectives |
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Adaptive Decisions' Bid Optimizer was developed with a leading Strategic Sourcing vendor, so it will easily integrate into your sourcing and workflow applications. It is proven to work in high-volume trading environments as well.
To download a PDF of our Adaptive Decisions Bid Optimizer brochure, click here.
Read more information on the following:
Product Description
Technical Specs
Features and Functionality
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