Remove EC Sourcing Remove Material Savings Remove Procurement Analytics
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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. Run analytics.

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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. Data cleanup.

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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. Is packaging and delivery eco-friendly?

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Why Traditional Sourcing Methods are Holding You Back

EC Sourcing Group

From lost opportunities to higher costs, outdated sourcing methods and traditional sourcing strategies can impede your success and the growth of your business. With the new sourcing methods and strategies available in 2023, you can eliminate those hassles and focus on what matters most—growing your business.

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How to Gauge the ROI of eTendering

EC Sourcing Group

The eTendering process is an integral part of procurement and the overall supply chain. eTendering, also known as eSourcing , is simply the act of conducting procurement online—namely, receiving and sending tenders using an online platform, like tender process software. Tangible benefits include: Reduced cost of purchases.

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Strategic Sourcing Solutions to Enhance Your Bottom Line

EC Sourcing Group

Strategic Sourcing Solutions to Enhance Your Bottom Line. Strategic sourcing is vital to procurement and the supply chain overall, as it allows companies to gain the lowest cost of a good or service while minimizing supply chain risk. What Is Strategic Sourcing?

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Top 5 Benefits of Spend Analysis

EC Sourcing Group

S pend analysis in procurement is a longstanding concept, however, implementation can be difficult without the proper tools. Over the years, implementing this kind of analysis has become more accessible than ever with the advent of robust procurement tools and software.