Remove EC Sourcing Remove Procurement Solutions Remove Supplier Management
article thumbnail

Top 4 Considerations for Supplier Management Software Solutions

EC Sourcing Group

Effectively managing your suppliers is an integral part of the procurement process (and important to the entire supply chain as well). Management doesn’t refer to suppliers being “under” you but instead refers to managing vendor transactions and cultivating good relationships with your third-party vendors or suppliers.

article thumbnail

The Importance of Using Supply Chain Management Software in Procurement

EC Sourcing Group

The importance of using supply chain management software is notable because of the importance of the supply chain itself. Read on to learn more about types of supply chain management software and how to pick the best type for your company’s needs. . Thus, you’ll see a lot of: eSourcing tools. Automated tools.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

What Is Vendor Sourcing?

EC Sourcing Group

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.

article thumbnail

Is Software Required to Manage Tail Spend?

EC Sourcing Group

Is Software Required to Manage Tail Spend. Managing tail spend in procurement and the entire supply chain process is vital; poor tail spend management can lead to considerable loss. Read on to learn more about tail spend software and how it can help in your overall supplier management and procurement management.

article thumbnail

What Is eSourcing in Supply Chain Management?

EC Sourcing Group

What Is eSourcing in Supply Chain Management? If you work in procurement or the purchasing department, you’re already aware of how it works. If you’re wondering, “ What is eSourcing in supply chain management? ” What Is eSourcing in Supply Chain Management? eSourcing Software. pre-purchase questionnaire.

article thumbnail

Best in Breed vs. Suite Solution: Which Is the Right eSourcing Platform for You?

EC Sourcing Group

Not all procurement and eSourcing software are created the same—perhaps your current solution lives up to expectations in some areas but the eSourcing module isn’t quite what you need. This is a fairly common problem, as businesses have different priorities and nuanced procurement needs. Dig Into the Software.

article thumbnail

How to Use Information Technology in Supply Chain Management

EC Sourcing Group

Before the Internet was a vital tool in business, the supply chain was a much different place than today. It was slow-moving, achieving the result (product or service) took a much longer time, and dealing with suppliers was a much different story. However, IT can be used in other ways as well, including: Integrated supply chain.