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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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Sourcing Success Story Increased Participation and Savings

EC Sourcing Group

Raw Material Sourcing Success Story: More Suppliers Participated plus Time and Hard Dollar Savings. If your colleague increased supplier participation, saved time and generated hard dollar savings, wouldn’t you want to know how they did it? It also reduced the analysis and negotiation time.

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What Are the Spend Analysis Steps?

EC Sourcing Group

Read on to learn why cost spend analysis is so important and what the general spend analysis steps are to reduce spend at your company. There are specific steps you can categorize and group analyses. Direct spend is related to purchases for materials that go into the product you sell. Spend Analysis Steps : Asking Questions.

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Types of Reverse Auctions

EC Sourcing Group

This type of reverse bidding works out well for many buyers and suppliers, particularly in certain industries, such as raw materials, transportation services, and government entities. Significant savings for the buyer. A buyer will put up a request for goods and services and the suppliers compete for the business.

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Types of Reverse Auctions

EC Sourcing Group

This type of reverse bidding works out well for many buyers and suppliers, particularly in certain industries, such as raw materials, transportation services, and government entities. Significant savings for the buyer. A buyer will put up a request for goods and services and the suppliers compete for the business.