Unlock the power of competitive negotiations with mysupply, achieving 8% more in savings.
No matter the sourcing case mysupply embeds competitive negotiations as a core element. From self-service to autonomous sourcing, competition is the key to maximizing your results.
Competitive Negotiations for Superior Results
Our Approach to Success in 3 Steps
1. Lot Creation
2. Strategy Engine
3. Negotiation
mysupply automatically combines the requested items into meaningful lots in order to optimally prepare efficient and powerful negotiations.
Our strategy engine determines the best negotiation method for each lot using algorithmic game theory, ensuring optimal results.
Through live eAuctions and AI chat bots, mysupply negotiates with multiple suppliers simultaneously.
Lot Creation Algorithm
Items are bundled into reasonable lots that enhance efficiency. mysupply's lot strategy creates more dynamic bidding environment, leading to more competitive offers.
Strategy Engine
Our game theory engine analyzes supplier data, previous behavior, and competitive dynamics to suggest the optimal negotiation method for each lot.
Negotiation
Through eAuctions and AI-driven negotiations, mysupply ensures real-time supplier competition, leading to the best pricing and contract terms every time.