EC Sourcing Inventory Vendor Strategies 
EC Sourcing Group
SEPTEMBER 7, 2021
If you’re executing your procurement strategies efficiently, you’re also continually running spend analysis reports. So, the question is, if your end goal is to boost ROI and reduce supply chain costs, are you using the right spend analysis technology ? Vendor categorization. Everything is in the same format.
EC Sourcing Group
AUGUST 31, 2021
Top 5 Sourcing and Procurement Techniques. With sourcing and procurement , a solid strategy is essential to ensure that your ROI is strong, your relationships with your suppliers are doing well, and that your team appropriately supports your stakeholders and company’s overall goals andobjectives. .
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
EC Sourcing Group
NOVEMBER 17, 2020
When you’re trying to control the entire procurement process within the supply chain, you want to make sure that you have the best software for your needs at your side so that everyone—you, vendors, and suppliers, are getting their needs met within the supply chain. Vendor/supplier management. Includes purchase orders. Spend analytics.
EC Sourcing Group
JULY 26, 2022
Here are some types to consider: CPO Cockpit: Chief procurement officers acquire goods and services and use workflow management systems to meet a company’s organizational goals while reducing costs and increasing profit. Here are other significant benefits to consider: Minimize total landed costs. See the big picture at a glance.
EC Sourcing Group
SEPTEMBER 15, 2020
Everything was written and manually filed, and all vendor and supplier contact was performed via phone or face to face, which was a heavy load on a procurement manager and could take a lot of time to perform the simplest of requests. . Inventory maintenance. They are: Reductions in mistakes and errors. Award Management .
EC Sourcing Group
OCTOBER 6, 2020
Everything from the RFP to vendor management was created and filed “analog” style. Keeping in touch with vendors was done in person or via telephone. . Procurement software is a type of computer program that allows a company or organization to automate parts of the purchasing and inventory process. . Reminders/Vendor follow-ups.
Expert insights. Personalized for you.
Let's personalize your content