EC Sourcing Group

DECEMBER 13, 2021

Generally speaking, vendor sourcing is when you choose vendors to supply you with either goods or services. In years past, vendor sourcing could be an intricate and lengthy process. Read on to learn more about auction vendor sourcing and more about the management process. Auction Vendors: The Basics of Vendor Sourcing.

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Purchasing Skills Optimal Sourcing Sourcing Strategies Negotiating Skills 52

EC Sourcing Group

JUNE 24, 2020

While there are particular benefits that occur when you use eSourcing and optimization, there are general benefits that ring true for any company that apply this method to procurement management. Obtaining services and goods, at the best prices for your operational reality. Monitoring ongoing relationships with suppliers.

Optimal Sourcing 59

Optimal Sourcing Network Optimization Supply Chain Optimization Optimization Software 59

EC Sourcing Group

OCTOBER 4, 2022

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?

Negotiating Skills 52

Negotiating Skills Purchasing Skills Sourcing Strategies Procurement Solutions 52

EC Sourcing Group

FEBRUARY 8, 2023

If you’re still performing sourcing manually or are curious about how to streamline your sourcing methods , read on to learn about these five ways traditional sourcing methods hold you back, and why tech-enabled sourcing strategies in procurement are a far better choice.

Optimal Sourcing 52

Optimal Sourcing Purchasing Skills Sourcing Strategies Negotiating Skills 52

EC Sourcing Group

MAY 31, 2023

Managing spending is a top priority for executive teams across industries, and purchase price variance (PPV) holds immense significance in controlling costs. PPV measures the variation between the actual purchased price and the standard baseline price of goods and services.

Negotiating Skills 52

Negotiating Skills Purchasing Skills Negotiate Pricing Procurement Solutions 52

EC Sourcing Group

JULY 20, 2021

Online Reverse Auction Solutions and Optimizations. Running a reverse auction is a critical part of the strategic sourcing process once you get a feel for how one works. Read on to learn more about online reverse auction solutions and optimizations and why reverse auctions are an important strategic sourcing tool.

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Optimal Sourcing Procurement Solutions Optimization Software Price Mitigation Strategies 52

EC Sourcing Group

JUNE 24, 2021

Review of Procurement and Sourcing Technology Tools from EC Sourcing Group. FROM GUEST BLOGGER, KUMAR KANNEN at Procural www.procuralservices.com. I am going to dig into the fast-evolving world of sourcing technology from a practitioner’s perspective as part of an on-going series.

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