Workday Strategic Sourcing

What Workday Strategic Sourcing is

Workday Strategic Sourcing is a web-based product for supplier discovery and sourcing events. Its listed capabilities cover running events, conducting reverse auctions, comparing bids and managing negotiation workflows. The product supports multi-event sourcing, bringing supplier discovery and several distinct stages of sourcing activity into its stated scope. Teams can consider it for processes that include finding suppliers and coordinating event-based activity, then reviewing bids and handling negotiations. Workday Strategic Sourcing is paid, with pricing available on request. It runs on the web. Workday was founded in 2005 and is headquartered in Pleasanton, California, United States. Prospective buyers can request pricing from Workday.

Who it suits

It suits sourcing teams looking for supplier discovery and event-based sourcing, including reverse auctions, bid review and negotiation workflows. Its web platform may fit organizations seeking browser-based access.

Getting started

1. Visit the Workday website.
2. Contact Workday to request pricing.
3. Access the product through the web.

Verdict

Workday Strategic Sourcing covers supplier discovery and multiple stages of sourcing events.