Trade Extensions (www.tradeextensions.com) specialises in strategic sourcing with optimisation and its platform, TESS™, is used to run projects ranging from routine sourcing, such as simple reverse auctions, to advanced projects involving goods and services worth billions of dollars, millions of data items and multiple rounds of negotiation.
TESS gives users access to advanced mathematical optimisation algorithms that ensure sourcing decisions are based on the best available options, taking into account any specified objectives and constraints.
The platform is uniquely flexible and, in addition to sourcing projects, it can be configured to model and optimise practically any resource allocation problem and has been used for applications as diverse as production planning and supply chain design.
Over $1 billion worth of spend is allocated through its platform each week and Trade Extensions works with some of the world’s most respected companies such as P&G, Tesco, Unilever, Cargill, Coca-Cola, Dow Chemicals, and Kimberly-Clark.
Visit our stand to see how we can help you can transform your sourcing and supply operations.