Remove EC Sourcing Remove Eliminating Excel in Purchasing Remove Sourcing Strategies
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Finding the Right Business Process Management Solutions

EC Sourcing Group

Business process management solutions refer to a broad set of tools that can help organizations and corporations effectively streamline their workflow and work more efficiently, given tools, and software. What if you could streamline everything from purchase orders to invoicing by moving everything over to an online format. .

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What Is eSourcing in Supply Chain Management?

EC Sourcing Group

If you work in procurement or the purchasing department, you’re already aware of how it works. This type of software is a small but very imperative part of the overall Sourcing process. pre-purchase questionnaire. Purchasing managers often find that the biggest risks lie in contracts and contract management. . evaluation.

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How to Streamline Your Procurement Process from Weeks to Hours

EC Sourcing Group

Businesses didn’t have to rely on excel, emails, conversations, and word documents as much as they did in the past. However, the sourcing and procurement process flow constantly changes, and its needs do as well. . Purchase requisition. In addition, having software in many cases provides digital proof when something goes awry.

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What Are the Goals of Procurement Management?

EC Sourcing Group

However, there are many goals and milestones along the way that need to be met to make this happen efficiently. For instance, every purchasing department wants to lower costs and be more productive, so these are concrete goals. . Every purchasing department is going to have specific goals of procurement management for their company. .

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If You Could Solve These Common Challenges in Procurement

EC Sourcing Group

Complicated onboarding or purchase processes that “motivates” rogue spend. Solutions that are sitting on the shelf because they are so difficult and inefficient to use – your staff prefers using Excel because they understand it…even if it takes a lot longer. Lack of visibility.

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Sourcing Challenges – Will Technology Help You Solve Them?

EC Sourcing Group

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 groupexcellent results are inevitable. Change can be hard, and resistance is to be expected.

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What Is Procurement Management?

EC Sourcing Group

Everything from the sourcing to the reconciliation was done in an “analog” format. However, learning Microsoft Excel or other spreadsheet programs could prove very tough and frustrating for some with many people creating their own systems and formulas. . Then spreadsheets came along, which was the beginning of procurement software. .