Supercharge Your Tool Sourcing Strategy

Drive Down Tooling Costs with Sourcing Engine

Sourcing Engine's dynamic auction platform hosts custom tooling auctions to simplify the sourcing process and reduce tooling spend
email address
We never share your details with third parties.
Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.

Performance-Driven Tool Sourcing

why SOURCING ENGINE?

Lower Tooling Cost

Achieve significant savings on your tooling costs with Sourcing Engine. Direct auctions reliably reduce tooling expenses by 10-30%, directly impacting your bottom line.

Reduce Sourcing Time

Eliminate the hassle of juggling multiple RFQs and managing numerous targets. Sourcing Engine simplifies your sourcing process by connecting you with top suppliers and their most competitive prices, all within a single, efficient auction.

Guarantee Process Quality

Sourcing Engine ensures that all pre-qualified suppliers adhere to your specific tooling processes and standards when providing quotes. This empowers you to make precise and direct comparisons between quotes, with confidence in their quality.

Reverse Auction

Maximize savings with Sourcing Engine's reverse auction, where pre-qualified suppliers compete to deliver the highest quality tooling at the lowest price.

Custom Auction Settings

Take control of your auction process with Sourcing Engine's custom auction settings. Define tooling packages, tool processes, starting bids, auction length, extended time, and bid increments to create an efficient auction tailored to your unique needs.

Live Dashboard

Watch suppliers compete in real time to drive down your tooling budget with every bid they make.