OMX, platform features, for buyers, for sellers

By Jon Elkin | January 8, 2019

Happy new year! We've improved some existing features and added some new enhancements to OMX to make it easier for you to find opportunities, connect to buyers and sellers, and win new business. Here's how the world's most powerful procurement platform is getting even better in 2019.

We'll go into more detail regarding each product enhancement and platform update below, but here's a quick summary:

  •  More robust search and profile features
  • Improved political district data and searching
  • Enhanced project management of offset programs and non-offset programs
  • OMX's supply chain management extends to custom fields and questions
  • OMX expands to include provincial and municipal opportunities
  • The OMX API is live

 

More robust search and profile features

You asked for it - and we delivered! We've made several improvements to OMX's search and profile functionality to give you a faster and more relevant user experience, including:

 

Improved political district data and search filtering

OMX allows you to filter buyers, sellers, and organizations by keyword, capability, location, size, ownership, certifications, codes and political district. We've recently updated the geopolitical filtering to be even more powerful than before.

Knowing the impacts that your organization has on a certain political district can be essential to a prime's government relations and bid efforts. Buyers can use OMX to identify both your current and future potential suppliers within a district, map them and estimate the economic impacts of contracts awarded within that district. 

Canadian political ridings have been updated for the new year and users can now filter by U.S. congressional districts too.

Learn more about search filtering by political district in OMX >>

 

Enhanced project management of offset programs and non-offset programs

Buyers, sellers, and third-parties all use OMX to track opportunities, bids, and current/future programs. While OMX may have started in the defence industry with a focus on offset programs, we've since expanded to aerospace, oil & gas, mining, automotive, construction, and other industries that involve complex global supply chains.

Our users are also increasingly relying on OMX for a variety of programs across different verticals - which is why we've improved project management of both offset and non-offset programs.

When you create a new program in OMX, you can now select if you have offset obligations. The relevant fields, areas, and user interface will then update according to your specific needs.

Offset Programs will dashboard the contract amount, offset obligations, outstanding credits, approved credits, pending credits and forecasted credits for the program: 

NonOffsetProgram4.png

Non-Offset Programs will dashboard the targeted spend, outstanding, achieved, identified and forecasted spend for the program: 

NonOffsetProgram5.png

If your organization is tracking both offset and non-offset programs, you will see both types listed from the programs and projects pages on OMX. 

NonOffsetProgram6.png

Learn more about managing offset and non-offset programs in OMX >>

 

Additional previous OMX updates and enhancements 

OMX's supply chain management extends to custom fields and questions

We've enhanced the OMX platform to include custom fields, questions, and reporting - giving you maximum insight on every level of your supply chain. Reduce risk, improve costs, and generate the most accurate analytics.

Learn more about leveraging OMX's custom fields >>

 

OMX expands to include provincial and municipal opportunities 

OMX is partnering with bids&tenders to bring all Canadian provincial and municipal tenders to our users. This includes opportunities from all Canadian regions, cities, towns, counties, and other areas.

Learn more about provincial and municipal opportunities in OMX >>

 

The OMX API is live!

You can now connect your OMX account and the OMX database to your own internal systems. An API ("application programming interface") allows different systems to communicate and interact with each other. For example, you can think of the OMX database as one system and your company's internal supplier database as another system. OMX's API will allow these two systems to share data and work together.

Learn more about setting up and using the OMX API >>

 


 

Questions? Feedback? We'd love to hear from you!

Do you have any questions or do you require specific assistance? Or do you have any suggestions or improvements for OMX?

Please contact your account manager or reach out to me directly at:

Jon Elkin

Vice President of Client Service

jon@theomx.com

(416) 780-9544 Ext. 109

 

Jon Elkin

Jon graduated from Queen's University with a degree in Political Studies and then went on to earn his Master's Degree in War Studies from the Royal Military College of Canada. He is an active member of the NATO Association of Canada, and outside of work enjoys skiing, running and mountain biking.

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Did you know?  Canadian policy states that 100% of defence investments must go back to  Canadian businesses.  That's $3,238,218,028 of unclaimed opportunities.  Learn more >>