Wherex Sourcing
Connected supply for companies
Digitize and automate your sourcing process with AI
Free your purchasing area from operational tasks, connect it with the business and the market, to make more strategic decisions.
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More than 200 companies rely on Wherex to transform their sourcing process
Is there little cohesion between the purchasing area and other areas of your company? This causes you to suffer from the following problems:
Few suppliers and offers
Purchases from recurring suppliers to minimize risks.
Lack of market information
Scarce data that could help improve the purchasing strategy.
Loss of time
Manual, repetitive and purely transactional tasks.
Lack of Innovation
Little influence on the adoption of technologies that can improve the company's profitability.
Collusion
Invisibility in sourcing processes
Wherex transforms your company's sourcing from a purely transactional role to a strategic and sustainable role.
Our platform connects you to new suppliers and market information and digitizes and automates analogical processes in the supply areas of companies.
Openness to suppliers
Access to more offers and better conditions.
Transparency
Traceability throughout the supply process.
Operational Efficiency
Time reduction in purchasing processes.
Risk Reduction
Access to supplier information and ratings.
Wherex incorporates technology solutions into your quoting and purchasing processes:
Purchasing Platform
Your entire purchasing process in one place.
Automates the entire purchasing process, from requisition to bid selection, ensuring fast, data-driven decisions.
Marketplace IA
Smart match with local suppliers.
Use AI to connect you with the best suppliers for your request, whether they are the usual ones or new ones. Enable competition among them, ensuring the most suitable options aligned with your needs.
Analytics and Price Indexes
Compare your purchasing behavior with the market.
Find out if you are buying well by comparing your historical prices with the market. Identify patterns and opportunities to adjust your strategy and generate more value for your business.
Tracing
Strategic assistance.
Strategic support in tenders / key requests for your company's operational continuity
Wherex Sourcing Frequently Asked Questions
Wherex is a portal that tends to minimize transaction costs by automating the entire cumbersome and time-consuming process of capturing offers. Through our Portal, your company's requirements are managed in an inclusive way, automatically reaching the suppliers registered in the corresponding categories.
The bids are sealed envelopes, being known to you simultaneously. The Wherex process promotes fair competition and compliance, leaving traceability of all bids received by each supplier and all purchases made from suppliers.
You must complete the demo request form on the home page and we will contact you to schedule a meeting where we will tell you more about how the platform works.
Wherex does not require any installation on your operational system as it is a cloud platform.
Using Wherex is very simple and intuitive, but you will still receive training and if you need additional support you can count on an online executive and our Customer Service.
All information uploaded to Wherex is confidential. Our information is hosted on Amazon servers with the highest security standards worldwide.
Actually, there is no difference. At Wherex, we call all purchasing processes bidding processes.
You can quote any type of input or service your company needs.
All suppliers with the category you require can participate in your tenders and quotations.
The system allows for a process to be lifted with a minimum of overnight until 4pm.
You will be able to access a series of reports based on Business Intelligence processes, through Data Mining tools, which will help you define the best purchasing strategies.
No. The Portal is designed to adapt to the needs of customers, and there can be multiple users within an organisation.