SourceDay
4.6
27
SourceDay is a supply chain collaboration software that helps mid-size discrete manufacturing, wholesale distribution, and retail buyers to align with their suppliers on orders and changes, automate direct materials PO changes, and keep supplier execution continuously aligned for continuity of supply. It integrates with most ERPs and is designed for those struggling to keep up with purchase order changes, unable to get accurate inbound supply visibility, or dissatisfied with missed supplier deliveries.
Strengths
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Automation
Automates procurement processes
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Collaboration
Enables collaboration between buyers and suppliers
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Visibility
Provides real-time visibility into procurement activities
Weaknesses
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Integration
May require integration with existing systems
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Cost
May be expensive for small businesses
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Training
May require training for users to fully utilize features
Opportunities
- Growing demand for procurement automation solutions
- Opportunity to expand into new markets
- Opportunity to form partnerships with other software providers
Threats
- Competition from other procurement automation solutions
- Economic downturn may reduce demand for procurement solutions
- Security breaches may damage reputation and reduce trust in the product
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SourceDay Plan
SourceDay offers a subscription-based pricing model with three versions, starting at $5,000 per year, with additional features and support at higher tiers.