Retail sourcing is the activity of continuously looking for new products and the (re-) negotiation of buying conditions with new and existing suppliers worldwide.

The problem to solve
Today, buyers and suppliers exchange unstructured sourcing data via email, Word, Excel, PowerPoint, etc.  These disparate systems consume valuable time for buyers, increasing the time to market for new products.  Managing product changes and disputes, chasing incomplete data from the suppliers, and continual re-keying of data from one format/system to another, results in poor data quality and more importantly ultimately compromises the retailer’s margins. 

Siennax Sourcing Services has developed a Sourcing Portal solution that offers buying organizations and suppliers a proactive, mutually beneficial one-on-one platform for information exchange. With MySourcingCenter®, Siennax Sourcing Services offers a turn-key solution based on your buying organization existing procedures.