EC Sourcing Group

MAY 11, 2021

How to Customize Your Procurement Spend Analysis Dashboard. One of the most important functions in procurement management is the procurement spend analysis process. This is where you will take a deep look at how your organization spends money, but performing an excellent spend analysis does much more than that.

Analysis 52

Analysis Optimal Sourcing Procurement EC Sourcing 52

EC Sourcing Group

MAY 21, 2020

What Is Procurement Management? If you’ve asked yourself, “ what is procurement management ?” What Is Procurement Management? Before the age of the Internet or competent computer software that could streamline the process, the entire process of procurement management was all done on paper, in person, and with filing cabinets.

Procurement Solutions 40

Procurement Solutions Optimal Sourcing Procurement Purchasing Skills 40

EC Sourcing Group

MAY 7, 2019

How much time and money could be saved if your team was using intuitive and nimble tools for procurement and contract management? Suppliers don’t like our procurement system because it is clunky to navigate and asks for the same information each time. My team cuts and pastes all the responses into Excel to analyze each event.

Manufacturing Procurement 45

Manufacturing Procurement Cost Reduction Strategies Tools Procurement 45

EC Sourcing Group

NOVEMBER 7, 2019

Rogue spend is often driven by stakeholders improvising because they need to get their job done and procurement doesn’t seem to be helping. Procurement professionals often focus on high profile, strategic and high volume spend. Cumbersome procurement processes that require the same amount of effort for simple buys as strategic ones.

Negotiating Skills 45

Negotiating Skills Negotiate Pricing Purchasing Skills Price Reduction 45

EC Sourcing Group

JULY 11, 2019

How much easier would it be to reach your procurement savings goals if your systems worked for you instead of holding you back? This is like using Excel to build financial analysis models – everything you need is included to create and then modify your workflow. Last week I provided some food for thought on this same subject.

Procurement Solutions 40

Procurement Solutions Procurement Cost Reduction Strategies Modeling Software 40

EC Sourcing Group

MARCH 6, 2019

As part of my weekly routine, I speak with many talented people in sourcing about their challenges. If you are patient and implement tools and system changes that make it easier for stakeholders and suppliers to do business with your group – excellent results are inevitable. Most great ideas aren’t complicated.

Sourcing Strategies 45

Sourcing Strategies Sourcing Negotiating Skills Expense Reduction 45

EC Sourcing Group

APRIL 25, 2019

Controlling spend is normally a top priority of procurement executives. Most procurement professionals that ask for my advice do so because the systems they have in place aren’t helping them drive change. To analyze bids, it is far easier to rekey the information into Excel than to use the analysis reporting tools in the system.

Buyer Training 40

Buyer Training Cost Reduction Strategies Eliminating Excel in Purchasing Purchasing Training 40

EC Sourcing Group

OCTOBER 22, 2019

Some are perfect for 3 bids and a buy. Other than procurement, how will collaborators and stakeholders benefit? New events can be created via one-click uploads from Excel. If your company wants to dramatically enhance the efficiency of their procurement efforts, perhaps it is time for a chat.

Negotiating Skills 40

Negotiating Skills Waste Reduction Cost Reduction Strategies Sourcing Strategies 40