For Suppliers
Modules & Offerings Plan for Suppliers
Plan 1 (Foundation)
Plan 2 (Progressive)
Plan 3 (Advanced)
POTENTIAL USERS
For companies with standard processes and basic requirements OR companies with existing installed Pricing Management Tool AND Supply Chain Planning Tool (with Availability Checking Engine) to be integrated to Platform
For companies with intention to build progressive business processes enabled by the platform
For companies with intention to build advanced business processes enabled by the platform
MODULE
FEATURES
DIGITAL COMMERCE MODULE
Marketing / Customer Acquisition
Plan 1 (Foundation)
Plan 2 (Progressive)
Plan 3 (Advanced)
Product and Company Information
Available
Available
Available
Online Store
Available
Available
Available
Prospect Recruitment and Engagement
Basic
Enhanced
Advanced
Prospect to Customer Onboarding
Available
Available
Available
Promotions / Campaign
Not Available
Available
Available
SPOT SALES
Plan 1 (Foundation)
Plan 2 (Progressive)
Plan 3 (Advanced)
Quotation
Available
Available
Available
Pricing & Negotiation
Basic
Pricing & Negotiation (Rules)
Pricing & Negotiation Optimisation
Margin Simulation
Not Available
Available
Available
Volume Prioritization / Allocation Control
Not Available
Business Rules Based
Margin Optimisation Based
Availability Checking
Basic
Current Best Practice
Advanced Innovative Process
Product Recommendation (Cross Sell / Up Sell)
Basic
Flexible Rules Based
Advanced (AI Based)
Sales Order
Available
Available
Available
TERM CONTRACT SALES
Plan 1 (Foundation)
Plan 2 (Progressive)
Plan 3 (Advanced)
End to End Term Contract Management
Available
Available
Available
Pricing / Rebate / Contract Terms
Basic
Enhanced
Advanced (with Value Pricing)
Contract Negotiation Decision Support / Simulation
Not Available
Enhanced
Advanced
Order against contract and Availability Checking
Basic
Enhanced
Advanced
Order Decision Support
Not Available
Enhanced
Advanced
Contract Settlement (Rebate Entitlement)
Available
Available
Available
ORDER STATUS TRACKING / ECOSYSTEM COLLABORATION
Plan 1 (Foundation)
Plan 2 (Progressive)
Plan 3 (Advanced)
Status tracking (payment, delivery, etc)
Basic
Enhanced
Advanced
Collaborative Process with Ecosystem partners
Not Available
Enhanced
Advanced
ONLINE BIDDING (FORWARD AUCTION)
Plan 1 (Foundation)
Plan 2 (Progressive)
Plan 3 (Advanced)
Product Criticality Monitoring
Not Available
Available
Available
Event Setup/ Online Bidding Engine
Available
Available
Available
Price Effectiveness Modelling
Basic
Enhanced (Net Landed Cost)
Advanced (e.g. TCO)
Plan 2a (Progressive)
Plan 2b (Progressive)
POTENTIAL USERS
For companies with intention to build progressive business processes enabled by the platform; but already installed Pricing Management Tool
For companies with intention to build progressive business processes enabled by the platform; but already installed Supply Chain Planning Tool (with product availability checking)
MODULE
FEATURES
DIGITAL COMMERCE MODULE
SPOT SALES
Plan 2a (Progressive)
Plan 2b (Progressive)
eCommerce
Shopfront / Product Listing
Available
Available
Customisable Deal Terms
Available
Available
Price Query / RFQ
Available
Available
Customer Frequently Purchase Product List
Available
Available
Online Deal Management (for eCommerce)
Product Pricing Recommendation
To Be Set by your existing Pricing Engine
Rules Based Product Pricing, Product Margin
Deal Pricing Recommendation (Fixed & Firmed)
To Be Set by your existing Pricing Engine
Rules Based Deal Pricing (with incoterm adjustment), Link to Buying Price for Trading Products
Deal Pricing (Formula Based)
To Be Set by your existing Pricing Engine. But Feature is Available if needed
Available
Deal Negotiation
To Be Set by your existing Pricing Engine (if Available or if Applicable)
Dynamic Negotiation (Rules Based), What If Scenario Simulation
Deal Price Guidance
To Be Set by your existing Pricing Engine
Automatic Offer / Floor Price Guidance (Rules Based)
Deal Analytics
To Be provided by your existing Pricing Engine (if applicable)
Standard Deal Analysis (eg Peer Group Price & Margin Analysis, Price Normalization, Price Trend, Volume Prioritization Analysis)
Deal Margin Simulation
To Be provided by your existing Pricing Engine (if applicable)
Deal Netback / Contribution Margin Simulation : with Incoterm Cost Matrix, Uploaded Projected Material Costs (eg Variable Manufacturing Cost, Tank Blended Cost) (if relevant )
Deal Approval Flow
To Be provided by your existing Pricing Engine (if applicable)
(If needed) Deal Price & Margin Approval Flow, Deal Price Normalization
Deal Volume Allocation, Prioritization & Control
To Be provided by your existing Pricing Engine (if Available or if Applicable)
To Be provided by your existing Supply Chain Planning Tool (if Available or if Applicable). But Plan 2 feature is available if needed
Inventory Projection
Available
To Be provided by your existing Supply Chain Planning Tool (if Available). But feature is available if needed
Customer Offer Generation (from supplier to customer)
Available
Available
Customer Price Bidding
Not Available
Not Available
Online Ordering
Order Payment Status checking
Available
Available
Order Credit Limit Checking
Same as Plan 1 or Setup to Block / Unblock by Platform. Calculation to propose Order quantity to meet Credit Limit
Same as Plan 1 or Setup to Block / Unblock by Platform. Calculation to propose Order quantity to meet Credit Limit
Order Availability Checking
Check Product Availability (from Projected Available Inventory). Check Transportation Availability (from uploaded transportation availabity or standard lead time)
To Be provided by your existing Supply Chain Planning Tool.
Exception Handling when customer order requested date cannot be fulfilled
Partial Delivery Quantity Proposal to customer (automatic), Alternative Full Quantity Delivery Date (automatic)
To Be provided by your existing Supply Chain Planning Tool.
Supply Chain Disruption Simulation (eg unplanned plant shutdown). Impact on orders
Order Impact Simulation is available. Order issue resolution is manual
To Be provided by your existing Supply Chain Planning Tool (if available or applicable).
Order Changes / Cancellation
Available
Available
TERM CONTRACT SALES
Plan 2a (Progressive)
Plan 2b (Progressive)
Contract RFQ Response / Negotiation / Conclusion
RFQ Response
Available
Available
Pricing :Fixed & Firmed (over Contract Duration or Quoted at Contract Execution )
To Be Set by your existing Pricing Engine. But Feature is Available if needed
Available
Pricing : Formula Pricing
To Be Set by your existing Pricing Engine. But Plan 1 Feature is Available if needed
Formula Price Setup, Price Premium (Alpha) Recommendation, Tier Price Premium (Alpha), Fomula Pricing Ceiling, Formula Pricing Floor
Deal Analytics
To Be provided by your existing Pricing Engine (if applicable)
Standard Deal Analysis (eg Normalised Price Premium (Alpha), Peer Group Price & Margin), Relative Margin
What If Simulation / Negotiation Support
To Be provided by your existing Pricing Engine (if applicable)
Available
Contract Rebate
To Be Set by your existing Pricing Engine. But Plan 2 Feature is Available if needed
Standard Rebate, Rebate Across Subsidiaries, Parcel Size Rebate
Deal Net Price / Margin Model
To Be provided by your existing Pricing Engine (if Available or if Applicable)
Available
Min / Max Delivery Quantity
Available
Available
Deal Conclusion and Terms Capture
Available
Available
Migration of existing Contract Terms to Platform
Available
Available
Contract Execution
Online Ordering
Available
Available
Order Pricing (Fixed & Firmed)
To Be Set by your existing Pricing Engine (if Available or if Applicable)
Fixed and Firmed based on contract price. If Fixed & Firmed price is Quoted during Order, Pricing is based on Rules Based Pricing Engine
Order Pricing (Formula Pricing)
To Be Set by your existing Pricing Engine (if Available or if Applicable)
Based on Contract Price Formula. If order price is provisional price, user can specify logic for invoice price. Price Premium (Alpha) Adjustment is automatically proposed if order term is different from original contract term
Formula Price Calculation Checking
Not Available
Not Available
Deal Net Price / Margin Model
To Be Provided by your existing Pricing Engine (if Available or if Applicable)
Available. As per Deal Margin Plan 2
Order Payment Status checking
Available
Available
Order Credit Limit Checking
Same as Plan 1 or Setup to Block / Unblock by Platform. Calculation to propose Order quantity to meet Credit Limit
Same as Plan 1 or Setup to Block / Unblock by Platform. Calculation to propose Order quantity to meet Credit Limit
Order Analytics (eg Contract Price vs Spot Price)
To Be Provided by your existing Pricing Engine (if Available or if Applicable)
Standard Analysis (eg Contract Price vs Spot Price, Volume Prioritization)
YTD Contract Quantity Tracking
Available
Available
Contract Quantity Control
Available
Available
Negotiated Quantity (Contract Quantity at Spot Prices)
Available. Spot Price Recommendation to be provided by your Pricing Engine
Available
Order Margin Simulation
To Be Provided by your existing Pricing Engine (if Available or if Applicable)
Available. As per Deal Margin Plan 2. Link to Buying Price for Trading Products
Order Availability Checking
Check Product Availability (from Projected Available Inventory). Check Transportation Availability (from uploaded transportation availabity or standard lead time)
To Be provided by your existing Supply Chain Planning Tool.
Exception Handling when customer order requested date cannot be fulfilled (eg product not available)
Partial Delivery Quantity Proposal to customer (automatic), Alternative Full Quantity Delivery Date (automatic)
To Be provided by your existing Supply Chain Planning Tool.
Supply Chain Disruption Simulation (eg unplanned plant shutdown). Impact on orders
Order Impact Simulation is available. Order issue resolution is manual
To Be provided by your existing Supply Chain Planning Tool (if available or applicable).
Order Changes / Cancellation
Available
Available
Contract Settlement
Formula Price Adjustment (Final Price vs Provisional Price)
To Be Set by your existing Pricing Engine. But Feature is Available if needed
Available
Formula Price Adjustment (Final Price vs Provisional Price)
To Be Set by your existing Pricing Engine. But Feature is Available if needed
Available
Deal Management (for Direct Sales / Conventional Channel) : Spot Sales & Term Contract Sales
Deal Management (for Direct Sales / Conventional Channel) : Spot Sales & Term Contract Sales
Not Available
Add On (As per Online Deal Management Plan 2)
SUPPORTING FEATURES
Plan 2a (Progressive)
Plan 2b (Progressive)
SUPPORTING FEATURES
Notifications
Standard Feature Only
Standard Feature Only
Approval Rules & Approval Flow
To Be Provided by your existing Pricing Engine. But Plan 2 Feature is Available if needed
Standard Approval Rules and Flow
e-Invoice
To Be Provided by your existing Pricing Engine. But Plan 2 Feature is Available if needed
Standard e-Invoice template
e-Sales Order
To Be Provided by your existing Pricing Engine. But Plan 2 Feature is Available if needed
Standard e-Sales Order Template
e-Contract (Commercial)
To Be Provided by your existing Pricing Engine. But Plan 2 Feature is Available if needed
Standard e-Contract Commercial template
Plan 1 (Foundation)
Plan 2 (Progressive)
Plan 3 (Advanced)
For companies with standard processes and basic requirements OR companies with existing installed Pricing Management Tool AND Supply Chain Planning Tool (with Availability Checking Engine) to be integrated to Platform
For companies with intention to build progressive business processes enabled by the platform
For companies with intention to build advanced business processes enabled by the platform
DIGITAL COMMERCE MODULE
Marketing / Customer Acquisition
Product and Company Information
Plan 1 (Foundation)
Plan 2 (Progressive)
Plan 3 (Advanced)
Available
Available
Available
Online Store
Plan 1 (Foundation)
Plan 2 (Progressive)
Plan 3 (Advanced)
Available
Available
Available
Prospect Recruitment and Engagement
Plan 1 (Foundation)
Plan 2 (Progressive)
Plan 3 (Advanced)
Basic
Enhanced
Advanced
Prospect to Customer Onboarding
Plan 1 (Foundation)
Plan 2 (Progressive)
Plan 3 (Advanced)
Available
Available
Available
Promotions / Campaign
Plan 1 (Foundation)
Plan 2 (Progressive)
Plan 3 (Advanced)
Not Available
Available
Available
SPOT SALES
Quotation
Plan 1 (Foundation)
Plan 2 (Progressive)
Plan 3 (Advanced)
Available
Available
Available
Pricing & Negotiation
Plan 1 (Foundation)
Plan 2 (Progressive)
Plan 3 (Advanced)
Basic
Pricing & Negotiation (Rules)
Pricing & Negotiation Optimisation
Margin Simulation
Plan 1 (Foundation)
Plan 2 (Progressive)
Plan 3 (Advanced)
Not Available
Available
Available
Volume Prioritization / Allocation Control
Plan 1 (Foundation)
Plan 2 (Progressive)
Plan 3 (Advanced)
Not Available
Business Rules Based
Margin Optimisation Based
Availability Checking
Plan 1 (Foundation)
Plan 2 (Progressive)
Plan 3 (Advanced)
Basic
Current Best Practice
Advanced Innovative Process
Product Recommendation (Cross Sell / Up Sell)
Plan 1 (Foundation)
Plan 2 (Progressive)
Plan 3 (Advanced)
Basic
Flexible Rules Based
Advanced (AI Based)
Sales Order
Plan 1 (Foundation)
Plan 2 (Progressive)
Plan 3 (Advanced)
Available
Available
Available
TERM CONTRACT SALES
End to End Term Contract Management
Plan 1 (Foundation)
Plan 2 (Progressive)
Plan 3 (Advanced)
Available
Available
Available
Pricing / Rebate / Contract Terms
Plan 1 (Foundation)
Plan 2 (Progressive)
Plan 3 (Advanced)
Basic
Enhanced
Advanced (with Value Pricing)
Contract Negotiation Decision Support / Simulation
Plan 1 (Foundation)
Plan 2 (Progressive)
Plan 3 (Advanced)
Not Available
Enhanced
Advanced
Order against contract and Availability Checking
Plan 1 (Foundation)
Plan 2 (Progressive)
Plan 3 (Advanced)
Basic
Enhanced
Advanced
Order Decision Support
Plan 1 (Foundation)
Plan 2 (Progressive)
Plan 3 (Advanced)
Not Available
Enhanced
Advanced
Contract Settlement (Rebate Entitlement)
Plan 1 (Foundation)
Plan 2 (Progressive)
Plan 3 (Advanced)
Available
Available
Available
ORDER STATUS TRACKING / ECOSYSTEM COLLABORATION
Status tracking (payment, delivery, etc)
Plan 1 (Foundation)
Plan 2 (Progressive)
Plan 3 (Advanced)
Basic
Enhanced
Advanced
Collaborative Process with Ecosystem partners
Plan 1 (Foundation)
Plan 2 (Progressive)
Plan 3 (Advanced)
Not Available
Enhanced
Advanced
ONLINE BIDDING (FORWARD AUCTION)
Product Criticality Monitoring
Plan 1 (Foundation)
Plan 2 (Progressive)
Plan 3 (Advanced)
Not Available
Available
Available
Event Setup/ Online Bidding Engine
Plan 1 (Foundation)
Plan 2 (Progressive)
Plan 3 (Advanced)
Available
Available
Available
Price Effectiveness Modelling
Plan 1 (Foundation)
Plan 2 (Progressive)
Plan 3 (Advanced)
Basic
Enhanced (Net Landed Cost)
Advanced (e.g. TCO)
INTEGRATION (SUPPLIER) MODULE
SAP ERP
Market Price Newsfeed (eg ICIS / Platts)
Pricing Engine (other vendors)
Supply Chain Planning (other vendors)
Cost is Company by Company basis; depending on scope and requirements. Checklist is used by Smart Tradzt to determine scope & requirements. Standard API available for SAP ERP
DIFFERENTIATED CUSTOMER VALUE PROPOSITIONS MODULE
Offerings Packages / Service Menu
Offerings / Service Rules
Value Propositions Execution / Enforcement
Service Level (Performance) Based Pricing
Executed through Digital Commerce Module. Integrated Process between Buyers and Suppliers. Extendable to Customer / Technical Service Module (if subscribed)
Customer Worth based Segmentation (inside out view)
Customer Needs Based / Behaviour Segmentation (outside in)
Add On Features
CUSTOMER / TECHNICAL SERVICE MODULE
Customer Feedback / Complaints / Claims
Technical Service Request
Integrated Process between Buyers and Suppliers
ECOSYSTEM COLLABORATION MODULE
Payment Integration and Status Tracking
Add On Features
Supply Chain Integration and Status Tracking
Add On Features
Collaborative Process with Transportation Providers
Add On Features
Collaborative Process with Insurance Providers
Add On Features
Collaborative Process with Customer (VMI, Collaborative Demand Forecast)
Add On Features
DASHBOARDS & REPORTING MODULE
Dashboards / Scorecards
Standard Reports (eg Deal / Order Status, Customer Purchase History, Customer Price / Profitability Realization)
Customised Reporting / Transaction Analytics
Add On Features
ADVANCED ANALYTICS / ARTIFICIAL INTELLIGENCE / PRICING ENGINE MODULE
Win Probability & Bid Price Optimisation
Add On Features
Customer Economic Value Pricing
Add On Features
Predictive Price Forecasting
Add On Features
Customer e-Bidding
Add On Features
Product / Grade Recommendation
Add On Features
Customer Price Checking Behaviour
Add On Features