Nordic Procurement Labs

Early-Stage Procurement Value Simulator

Estimate the value of improving how you define requirements, find suppliers, engage them, and compare bids.

How you want to use it

Walk through the steps or jump straight to live results.

Step 0: Baseline Process

Set the shared baseline used across the whole process.

Number of sourcing events included each year.

events

Allowed range: 0 to 10.000

Average hourly internal labor cost for this work.

/hr

Allowed range: 0 to 2.000

Annual spend covered by the events in this estimate.

USD

Allowed range: 0 to 1.000.000.000