To successfully manage supply chain challenges, AGCO provides e-sourcing tools to our suppliers to enable and facilitate the exchange of information and to foster greater collaboration between our companies.
Technology-driven solutions to promote transparency and collaboration.
E-sourcing is a web-based solution to streamline AGCO’s strategic sourcing process in order to provide an equal opportunity to our suppliers to bid and compete for our business on a global scale in a fair and transparent manner.
The benefits of e-sourcing include:
1) Access to all AGCO sourcing projects globally (compete for AGCO business on a global scale);
2) Easier collaboration with AGCO through use of same standards and templates across all brands and sites;
3) Reduced operational tasks from RFx to purchase order;
4) Clearly defined quoting requirements and faster bid evaluation process; and
5) Increased transparency, collaboration, visibility, and compliance.