Scandals Proves Why eSourcing Is A Necessity eSourcing is slowly becoming a more mainstream must have in all business industries as 2015 begins to take shape. After these recent identity thefts as well, it’s becoming more of a necessity to not have all of your information in excel files any more. The best and most safest way right now to […]
E-Sourcing Gains in Popularity as a RFx Tool Among the multiple systems companies throughout the world use to procure products, e-sourcing showed the largest gains as an area where companies are making technology investments for a new RFx tool. Companies worldwide are increasing their use of Internet-based technology systems to find the best suppliers, products and prices, according to a […]
Three Keys To A Better eSourcing Process The eprocurement function’s relationships with its suppliers are typically the foundation of how the esourcing process and supplier management programs perform. Utilizing the seven keys in this report can serve as a catalyst to a series of processes that have a risk of becoming stagnant and repetitive over time. 1. KNOW YOUR SPEND […]
Top eProcurement Professionals Objectives For The New Year Value realization through non-sourcing activities is a critical objective for eprocurement professionals. Around 43% of eprocurement value arises from non-sourcing activities. These activities largely consist of Supplier Relationship Management, Contract Management and Spend Analysis. Supplier Management can help companies have clearer visibility into supplier deliverable and offer benefits to remove hidden cost drivers, […]