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Your Guide to FlexRFP eSourcing

EC Sourcing Group

A Request for Proposal (or RFP as it is more commonly known) is one of the most important pieces in sourcing and procurement and the overall supply chain. However, this can be a tedious process if you’re still sourcing using spreadsheets or haven’t made your procurement process digital quite yet. Construction Materials.

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What to Look for in Procurement Software Solutions

EC Sourcing Group

Procurement software covers a lot of bases, and there are many facets to procurement management that could potentially be streamlined and automated if you haven’t done so already. Every procurement and purchasing department is different, and thus, everyone has a different set of needs and standards. Have inventory management.

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Spend Analysis in Supply Chain Management

EC Sourcing Group

The broader picture beyond procurement is the supply chain, as procurement (or purchasing) is just one step in the supply chain. . Fundamentally, the goal of the supply chain is to take raw goods and materials and, in the end, have a finished product that a consumer or end-user desires. Read on to learn how.

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Your Guide to Optimizing Category Management in Procurement (During Covid-19)

EC Sourcing Group

Category management in procurement is an integral part of the procurement strategy in which procurement managers take specific products or services and divide them into certain categories. Category Management in Procurement : Category Management Best Practices.

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Achieve Your Procurement Goals with Reverse Auction Bidding

EC Sourcing Group

As a procurement professional, you want to develop processes based on strategic sourcing and ensure proper supplier evaluation and selection. Every company will characterize value differently, but most define success as reducing costs, saving time, and building a robust and sustainable supply chain that supports growth.

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Reduce Your Carbon Footprint by Making One Small Change

EC Sourcing Group

When we make more environmentally friendly sourcing choices, we can reduce greenhouse gas emissions and minimize our impact on the environment. In our previous blog post, we discussed the benefits of sourcing locally. Unsurprisingly, technology has a role to play in green supplier selection.

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Why You Should Choose Companies with Green Supply Chains

EC Sourcing Group

A green supply chain reduces the harm that may occur at any stage of the procurement cycle—production, purchasing, logistics, material management, or distribution. It also contributes to reducing a company’s carbon footprint, which makes it more attractive to consumers. Risk reduction. In March 2022, the U.S.