EC Sourcing Group

FEBRUARY 16, 2021

How to Streamline Contracts and Procurement (During the COVID-19 Pandemic). Streamlining contracts and procurement even before the COVID-19 pandemic may have been difficult. As the pandemic surges on, your sourcing and contract management strategies may still be struggling. .

Optimal Sourcing 52

Optimal Sourcing Procurement Sourcing Strategies EC Sourcing 52

EC Sourcing Group

MARCH 12, 2023

Identify your data sources that can help identify supplier performance. The supplier is a third-party vendor that provides goods, materials, and services to your organization. While this isn’t necessarily a bad thing, it can make it difficult to choose the best supplier to fit your needs.

Procurement Analytics 52

Procurement Analytics Purchasing Skills Procurement Solutions Supply Chain Planning Software 52

EC Sourcing Group

SEPTEMBER 6, 2022

A green supply chain reduces the harm that may occur at any stage of the procurement cycle—production, purchasing, logistics, material management, or distribution. Choosing an eco-friendly supply chain saves you both time and money. Best Sourcing Software : How Supply Chains Become More Sustainable. In March 2022, the U.S.

Material Savings 52

Material Savings Waste Reduction Supply Chain Software Vendor Strategies 52

EC Sourcing Group

FEBRUARY 9, 2022

Spend management refers to the process of managing company purchasing and relationships with suppliers to keep track of every dollar spent , resulting in procurement cost reduction. It’s estimated that 80 percent of suppliers represent just 20 percent of an organization’s spend, and 20 percent must be accounted for.

Procurement Analytics 52

Procurement Analytics Optimal Sourcing Procurement Solutions Material Savings 52

EC Sourcing Group

FEBRUARY 7, 2022

Spend management refers to the process of managing company purchasing and relationships with suppliers to keep track of every dollar spent , resulting in procurement cost reduction. It’s estimated that 80 percent of suppliers represent just 20 percent of an organization’s spend, and 20 percent must be accounted for.

Procurement Analytics 52

Procurement Analytics Optimal Sourcing Procurement Solutions Material Savings 52

EC Sourcing Group

OCTOBER 19, 2021

However, those who regularly use them as part of their strategic sourcing methodology understand the relationship between reverse auctions and success in strategic sourcing. . The Importance of Strategic Sourcing : Why Are People Scared to Use Reverse Auctions? This is another myth. Reverse auctions will simply hurt suppliers.

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Sourcing Strategies Optimal Sourcing EC Sourcing Supply Chain Software 52