Solution Overview Sourcing Lower Costs and Optimize Sourcing Capabilities The Exostar sourcing solution, known Key Features as SourcePass, is a comprehensive, on- • Support for complex sourcing events, demand sourcing solution based on including: RFI, RFP, RFQ, buyer survey, market leading software and hosted and forward and reverse eAuctions Improve your within our secure operating environment. • Built-in identity and access organization’s ability This tool enables organizations to management functionality for to lower your total effectively lower their total landed cost increased level of security cost for goods and for goods and services, while enabling • Single sign-on (SSO) with other services across best practices and enterprise visibility. Exostar offerings through Exostar’s the entire spend identity and access management portfolio via RFx, The Solution supports complex sourcing integrated platform reverse auction, and events, including support for supplier • Integration with buyer back-end bid optimization evaluation, bid analysis, and awarding ERP systems enables automated capabilities. techniques, with the capability to submission and processing of integrate with Buyer Enterprise Resource supplier quotes (bids) directly within Planning (ERP) Systems for automated the ERP systems, without the buyer processing of supplier responses. having to login to the application • Support for country-specific export control requirements (ITAR, UK Official Sensitive, etc.). • Seamless access to Exostar’s comprehensive supplier network Sourcing Assets RFx Module – • Request for Information (RFI) – Provides easy, side-by-side comparison functionality to aid buyers in their evaluation process. • Request for Quotation (RFQ) – Supports the development by buyers of complete item request packages, to which suppliers may respond electronically. • Request for Proposal (RFP) – Supports the development by buyers of complete proposal request packages with questions at the proposal level, as well as the specific biddable item level. Copyright © 2016 Exostar, LLC All rights reserved. 1 Solution Overview Dynamic Online Auctions– Enables sourcing Bid Analysis & Award Optimization Module – professionals and suppliers to negotiate “best Enables sourcing professionals to quickly and easily value” for goods and services in a real-time, evaluate complex bid results and analyze various dynamic bidding environment. Supports the award scenarios. following dynamic negotiation formats: • Buyers can take into account important, real- • Rank and Price – Supplier sees their rank and world evaluation criteria, including supplier price, as well as the ranks and prices of other bid information, as well as evaluation scores supplier participants. from internal team members. Bid results • Rank Only – Supplier sees only their rank and can be weighed by importance, Total Cost of price, and no other supplier ranks or prices. Ownership (TCO), or Best Value calculations, • Best/Not Best – Supplier sees whether they are which are easy to set up and utilize. in first place or someplace other than first. This option can be combined with showing pricing Integrated RFQ – Enables organizations to leverage or not at the discretion of the buyer. existing enterprise software investments by • Transformational – Buyer establishes best- extending their reach through the Exostar B2B value components for bidding, including non- community. price factors such as quality or delivery, and • Exostar can seamlessly integrate sourcing- weights them according to their importance in related data from, and back into, a customer’s the total value calculation. back-office Enterprise Resource Planning (ERP) or Manufacturing Resource Planning (MRP) applications – delivering a complete eRFx to suppliers via SourcePass. e-Sourcing Client Services – Training, implementation, system integration, and consultative services. • As part of any sourcing service, Exostar is available to assist suppliers as they take part in auctions (surrogate bidding, deleting of errant bids, etc.). We also provide buyer support and assistance with any issues that arise during the sourcing events. Connect once. Collect once. Certify once. Contact Exostar Today [email protected] 703.793.7733 About Exostar Exostar’s cloud-based solutions help companies in highly-regulated industries mitigate risk and solve identity and access challenges. Nearly 125,000 organizations leverage Exostar to help them collaborate securely, efficiently, and compliantly with their partners and suppliers. By offering connect-once, single sign-on access, Exostar strengthens security, reduces expenditures, and raises productivity so customers can better meet contractual, regulatory, and time-to-market objectives. Copyright © 2016 Exostar, LLC All rights reserved. 2.