MDSL’s Sourcing feature is a component of the MDSL TEM solution, a comprehensive, integrated set of data management and analytic applications that help procurement departments gain a better understanding of their purchases, suppliers and performance in order to make better strategic sourcing decisions.

MDSL Sourcing lets you identify not only from whom you are buying, but which services you are purchasing from each supplier, at what price you are buying and the contractual rules of engagement. For global organizations, it will determine the coverage of each supplier for each type of service. i.e. Supplier A provides leased lines service in North America and Europe but Mobile services only in the USA.

MDSL Sourcing module helps organizations to reduce enterprise spend across suppliers and services through increased visibility into sourcing information.

The benefits are:

• Supplier rationalization; this is achieved when Procurement have a full understanding of global spend and usage.
  
  
• Improved transparency; highlighting and eliminating unnecessary and unauthorized purchases.
  
  
• Cost saving; lower total supply costs straight to the bottom line, plus the eradication of unnecessary duplicated purchases.
  
  
• Sourcing speed; the online sourcing process is faster and more efficient than manual procedures, generating rapid time to value and substantial ROI.
  
  
• Efficiency; reusable templates eliminate the need to recreate RFX documents as goods and services are re-sourced.
  
  
• Global Reach; Multi-language, multi-currency capabilities enable sourcing professionals to publish and conduct online negotiations and enjoy additional savings from international leverage.