In the area of eAuctioned materials, the market is trending upward as businesses globally are looking to utilize e-sourcing platforms as the newest way to do business. By saving time and money, this trend does not look to have any chance of stopping in the near future. Here are the top 10 areas of e-sourcing from the first quarter of 2014.
Top 10 e-Sourcing Platform Areas
1. Construction & Repair (Flooring, Damage Control, Engineering, Rebuilding etc.)
Savings from current price 8,04%
2. Marketing Materials (Brochures, Advertisement printing, Promotional items)
Savings from current prices 11,59%
3. Ingredients for food production (Additives, Flour, Sugar, Vegetables etc.)
Savings from current prices 5,02%
4. Packaging Materials (Cardboard, Foils, Tape, Pallets, Labels etc.)
Savings from current prices 10,06%
5. Various groceries (oil, dressings, cereals, bread, rice, pasta etc. – Supermarkets)
Savings from current prices 4,40%
6. Freight & Transportation (Sea, Land & Air)
Savings from current prices 4,16%
7. Service agreements (Temporary Labour, Cleaning, IT & Security Services etc.)
Savings from current prices 14,72%
8. Supermarket – Non Food (Bags, Cleaning Appliances, Propane gas etc.)
Savings from current prices 2,92%
9. Electrical and Telecommunication Equipment
Savings from current prices 17,16%
10. Fuels & Lubricants (Natural Gas, Oil, Electricity Fuel, Lubricants etc online cialis professional.)
Savings from current prices 7,74%
It is great to see that Construction and Repairs are at the top spot as the economy, especially in the United States, is picking up with new construction on it’s way. Of course, service agreements, packaging materials and electrical and telecommunication equipment are always top of the list sectors, but marketing materials are making a very high jump to the #2 spot. As the year goes by though, expect to see even more categories on this list as more and more businesses jump on to the e-sourcing platform bandwagon.
Of course, if you want to learn even more about e-sourcing, feel free to visit ProRFX to see just how our e-sourcing platform can help with the distribution and processing of your business.