Procurement Schedule
Streamline the planning, execution and reporting of procurement activities all within a single, cloud-based tool
Challenges faced when managing offline procurement schedules
- Are you relying on teams to consistently update spreadsheet-based procurement schedules, which is manual and time-consuming?
- Have you found that information in an offline procurement schedule is out-of-date when you need to use it?
- Are you having difficulty sharing procurement updates across the project team and up to management?
- Is each project team managing and tracking procurement differently?
- Have you been waiting for fortnightly or monthly project updates instead of getting an understanding of procurement status in real-time?
If you answer yes to any of these questions, or are looking for a smarter solution to manage your procurement activities, then Felix is here to help.
Easily share procurement updates across teams and managers by using an online solution that’s updated in real-time. Reduce the reliance on emails, attaching spreadsheets or working with risky shared file drives.
As the procurement schedule is housed in Felix, this links to other downstream procurement activities including the RFQ and Recommendation for Award process, and certain data points are automatically updated throughout.
Project team members work from one schedule, with controlled permissions that allows them to view or edit the information relevant to them. Track updates to the schedule through audit trails, ensuring accountability.
Drive consistency to how procurement is managed across projects
Capture the information needed to effectively manage your procurement. Build templates that project teams can choose from when creating schedules, capturing necessary data points that introduce standardisation to the way procurement is managed and reported across your organisation.
Easily export key dates, budget and package information from your existing estimating or job costing software into a CSV file and import into Felix to get started.
A seamless flow of information and insights
As procurement information is centralised in Felix, the Procurement Schedule and Sourcing modules work together so that information is automatically updated within the platform.
When a Request for Quote is created directly from a package within Procurement Schedule, any updates to the RFQ status, award value or vendor response count is automatically synced to avoid the manual double handling of information across modules. This also ensures these data points remain accurate and up-to-date in real-time.
Easily track progress of all your events in your Procurement Schedule in one summary view.
Integrate with business intelligence tools to make strategic procurement decisions
Use Felix to capture and centralise information in Procurement Schedule, then use this data in business intelligence tools for effective demand forecasting:
- Have an oversight of procurement at an organisational level and make strategic and cost-saving purchasing decisions
- Consolidate procurement schedules across multiple projects to observe opportunities for volume-based discounts
- Smarter procurement decisions ensure your organisation is getting the best value and best outcomes
