EC Sourcing Group

JUNE 17, 2020

Sourcing and Procurement in Supply Chain Management. The terms “ sourcing” and “procurement” in supply chain management are often used interchangeably, although they are not quite the same. Procurement is a process and one link in the chain of the supply chain. Purchase requisition.

Manufacturing Procurement 52

Manufacturing Procurement Procurement Solutions Purchasing Skills Supply Chain Design Software 52

EC Sourcing Group

OCTOBER 27, 2020

There is the supply chain in the overall big picture, of which procurement is involved. The supply chain is the entire process that gets the product in the hands of the consumer. Read on to learn about supplier audit management software and supply chain and risk management software and what they do.

Supply Chain Design Software 52

Supply Chain Design Software Supply Chain Software Supply Chain Planning Software Risk Management 52

EC Sourcing Group

APRIL 27, 2021

5 Benefits of Global Sourcing in Supply Chain Management. The importance of quality in supply chain management is undeniable. The truth is that global sourcing benefits outweigh the risks for many spend categories, and it’s advantageous to think about the big picture of your sourcing steps.

Manufacturing Procurement 52

Manufacturing Procurement Sourcing Supply Chain Software EC Sourcing 52

EC Sourcing Group

SEPTEMBER 7, 2021

Spend Analysis in Supply Chain Management. The broader picture beyond procurement is the supply chain, as procurement (or purchasing) is just one step in the supply chain. . As there are many steps in the supply chain, there are many steps in procurement and procurement management.

Analysis 52

Analysis Material Savings Manufacturing Procurement Supply Chain Software 52

EC Sourcing Group

NOVEMBER 23, 2021

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.

EC Sourcing 52

EC Sourcing Material Savings Manufacturing Procurement Price Reduction 52

EC Sourcing Group

NOVEMBER 16, 2021

Effectively managing your suppliers is an integral part of the procurement process (and important to the entire supply chain as well). So if you’re wondering, “What is supply chain management and why it is important?,” it’s imperative to manage every link in the supply chain, particularly your supplier relationships.

Procurement Solutions 52

Procurement Solutions Analytics Software Logistics Network Optimization Software Supply Chain Software 52

EC Sourcing Group

AUGUST 3, 2021

Read on to learn more about strategic supplier management and how it fits in the supply chain. . Sourcing and Procurement Solutions: What Is Supply Chain Management and Why Is It Important? Before getting into strategic suppliers, it’s imperative to understand the big picture of supply chain management.

Sourcing Strategies 52

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EC Sourcing Group

OCTOBER 26, 2021

Before the Internet was a vital tool in business, the supply chain was a much different place than today. Read on to learn about the importance of quality in supply chain management, how IT helps to achieve that quality, and more details about the supply chain. Cost reduction.

Supply Chain Software 40

Supply Chain Software Logistics Network Optimization Software Inventory Management Software Analytics Software 40

EC Sourcing Group

DECEMBER 13, 2021

The words sourcing and procurement are often used interchangeably. Sourcing is a part of procurement, just like procurement is part of the overall supply chain. Procuring auction vendors and sourcing has a vendor vetting process followed by a concentration on contract management.

Purchasing Skills 52

Purchasing Skills Optimal Sourcing Sourcing Strategies Negotiating Skills 52

EC Sourcing Group

NOVEMBER 24, 2020

Using software in procurement management is an excellent way to help maximize proficiency and streamline your operations so that you not only increase production, you build better relationships with your suppliers, increase collaboration within your organization, and improve the entire supply chain process.

Analytics Software 52

Analytics Software Optimal Sourcing Supply Chain Software Procurement 52

EC Sourcing Group

SEPTEMBER 22, 2020

There are many terms when it comes to all levels of procurement management, which is a smaller part of the overall supply chain. Sourcing isn’t always a simple process, and any tool that makes it simpler is a welcome addition. Advanced Sourcing Optimizers and Tools: What Are Your Sourcing Challenges? Payment terms.

Optimal Sourcing 52

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EC Sourcing Group

JANUARY 4, 2022

Naturally, this slows down the process of the entire supply chain. If you’d like to hear more about procurement spend analysis dashboards and how they work, or you would like to schedule a demo, contact EC Sourcing Group today at 973-936-9672. Before the Internet, procurement was a tedious process.

Optimal Sourcing 52

Optimal Sourcing Supply Chain Software Analytics Software Optimization Software 52

EC Sourcing Group

JANUARY 4, 2022

Naturally, this slows down the process of the entire supply chain. If you’d like to hear more about procurement spend analysis dashboards and how they work, or you would like to schedule a demo, contact EC Sourcing Group today at 973-936-9672. Before the Internet, procurement was a tedious process.

Optimal Sourcing 52

Optimal Sourcing Supply Chain Software Analytics Software Optimization Software 52

EC Sourcing Group

DECEMBER 29, 2020

You may also want a suite that has invoicing automation and supply chain management integration. If you would like to hear more about procurement software solutions or would like to request a demo, get in touch with us today at EC Sourcing Group by giving us a call at 973-936-9672 to set up an appointment.

Procurement Solutions 52

Procurement Solutions Inventory Management Software Analytics Software Modeling Software 52

EC Sourcing Group

OCTOBER 12, 2021

Finding the right procurement optimization solutio n is imperative to keep your entire procurement management process running smoothly throughout the supply chain. Much of your optimization will be accomplished through the strategic sourcing process, one of the best ways to keep things optimized and seamless.

Optimal Sourcing 52

Optimal Sourcing Optimization Software Negotiating Skills Supply Chain Optimization 52

EC Sourcing Group

MAY 4, 2021

How to Streamline Sourcing from Days to Hours. When you work in procurement, one of the challenges you face is how long sourcing can take. As procurement is only one step in the supply chain, the last thing you want is to slow down the process, but very often, it can feel like things are out of your control. .

Sourcing Strategies 52

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EC Sourcing Group

SEPTEMBER 28, 2021

One of the most important sourcing and procurement techniques is working with strategic suppliers and ensuring that you have a good relationship and understanding with this supplier base because this has a lot to do with the importance of quality in supply chain management.

Optimal Sourcing 52

Optimal Sourcing Manufacturing Procurement Supply Chain Software EC Sourcing 52

EC Sourcing Group

JUNE 8, 2021

Where to Start if You’re New to Procurement Sourcing Solutions. There are many people who are not new to procurement and sourcing and its role in the supply chain but may be new to sourcing solutions and software. Procurement management also involves sourcing goods and services from vendors and suppliers.

Optimal Sourcing 52

Optimal Sourcing Procurement Solutions Procurement Analytics Sourcing Strategies 52

EC Sourcing Group

OCTOBER 19, 2021

Reverse auctions will weaken the supply chain because it can cause tension with the suppliers. Competitive bidding also gives suppliers a chance to have their A-game on—if they are consistently losing bids, perhaps it’s time to look at the quality of their goods and services or their own supply chain to make improvements. .

Sourcing Strategies 52

Sourcing Strategies Optimal Sourcing EC Sourcing Supply Chain Software 52

EC Sourcing Group

DECEMBER 28, 2021

Underneath the umbrella of supply chain management are procurement and the sourcing of goods and materials. When this is performed electronically through the internet, it is known as eSourcing or electronic sourcing. 5 Things to Look for in eSourcing Software.

Analytics Software 52

Analytics Software Optimization Software Supply Chain Software Optimal Sourcing 52

EC Sourcing Group

DECEMBER 28, 2021

Underneath the umbrella of supply chain management are procurement and the sourcing of goods and materials. When this is performed electronically through the internet, it is known as eSourcing or electronic sourcing. 5 Things to Look for in eSourcing Software.

Analytics Software 52

Analytics Software Optimization Software Supply Chain Software Optimal Sourcing 52

EC Sourcing Group

DECEMBER 7, 2021

eSourcing in procurement falls under the umbrella of the procurement process, just as procurement fits within the supply chain. To learn more about the benefits of procurement software, or if you’d like to schedule a software demo, contact EC Sourcing Group today at 973-936-9672.

Procurement 52

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EC Sourcing Group

OCTOBER 5, 2021

At each turn, you can streamline your procurement process ; but this depends heavily on the skills of your team and the intuitive nature of the supply chain software that you’re using. . To hear more about how to streamline your procurement process, or to request a software demo, contact EC Sourcing Group today at 973-936-9672.

Procurement Analytics 52

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EC Sourcing Group

JULY 13, 2021

Read on to learn more about how to optimize your procurement sourcing systems. . Procurement Sourcing Systems: What Is Procurement Management? Procurement management is but one stop in the entire supply chain. There is more to procurement management than simply sourcing the goods, however.

Optimal Sourcing 52

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EC Sourcing Group

JULY 21, 2020

What is E-Procurement in Supply Chain Management? To learn more about business process management solutions such as E-procurement software, or schedule a demo , contact EC Sourcing Group today by giving us a call at 1-888-353-9737, option 1. E-procurement is a shortened way to say electronic procurement.

Procurement Solutions 52

Procurement Solutions Procurement Analytics Modeling Software Supply Chain Software 52

EC Sourcing Group

JANUARY 25, 2022

Think of the entire supply chain and all the processes included, from start to finish. Procurement is part of the supply chain, and sourcing is under the umbrella of procurement. In contrast, procurement is the compliance and transaction piece in the supply chain. Overall poor supply chain management.

Procurement Solutions 52

Procurement Solutions Optimal Sourcing Procurement Analytics Supply Chain Software 52

EC Sourcing Group

JANUARY 25, 2022

Think of the entire supply chain and all the processes included, from start to finish. Procurement is part of the supply chain, and sourcing is under the umbrella of procurement. In contrast, procurement is the compliance and transaction piece in the supply chain. Overall poor supply chain management.

Procurement Solutions 52

Procurement Solutions Optimal Sourcing Procurement Analytics Supply Chain Software 52

EC Sourcing Group

AUGUST 31, 2021

With sourcing and procurement , a solid strategy is essential to ensure that your ROI is strong, your relationships with your suppliers are doing well, and that your team appropriately supports your stakeholders and company’s overall goals andobjectives. . We want you to re-imagine the way you think about procurement.

Optimal Sourcing 52

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EC Sourcing Group

FEBRUARY 16, 2021

Provided everyone has access to the sourcing and supply chain management software, there should never be a misstep in the contracting process. To learn more about how to improve your contracts and procurement process, contact EC Sourcing Group today by dialing 973-936-9672.

Optimal Sourcing 52

Optimal Sourcing Procurement Sourcing Strategies EC Sourcing 52

EC Sourcing Group

DECEMBER 14, 2020

If you think about the overall supply chain and how procurement is just one link in the chain, the RFP process is but one link in the procurement chain, but a very important one. .

Supply Chain Software 52

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EC Sourcing Group

DECEMBER 8, 2020

There are many steps in the supply chain and sourcing and procurement that are tedious, but they must be completed to run the business smartly and efficiently. To learn more about RFP automation software or to request a demo, get in touch with us today at EC Sourcing Group by dialing 973-936-9672 to set up an appointment. .

Supply Chain Software 52

Supply Chain Software Analytics Software Supply Chain Planning Software Software 52

EC Sourcing Group

MARCH 9, 2021

Change when it comes to procurement, sourcing, and supply chain management makes people nervous. Having software that runs sourcing and contract management reports and links in supplier performance is vital because seeing this data together can help you come to conclusions you may not have otherwise.

Optimal Sourcing 52

Optimal Sourcing Sourcing Strategies Vendor Strategies Cost Reduction Strategies 52

EC Sourcing Group

JANUARY 11, 2021

In the entire supply chain, you, as a company, want to be able to deliver a final product to a buyer. There are many different stops within that supply chain along the way, such as procurement and procurement management. The Role of Reverse Auctions in Strategic Sourcing: What Is Strategic Sourcing?

Negotiating Skills 52

Negotiating Skills Manufacturing Procurement Sourcing Strategies Optimal Sourcing 52

EC Sourcing Group

SEPTEMBER 14, 2021

People may often get confused between the meaning of strategic suppliers and the meaning of strategic sourcing, but these are very two different things. However, when you use a strategic sourcing process , you bring analytics into play and new suppliers into the mix which means you constantly reevaluate and reconsider your options.

Sourcing Strategies 52

Sourcing Strategies EC Sourcing Price Reduction Supply Chain Software 52

EC Sourcing Group

AUGUST 24, 2021

Create vendor KPIs to track performance , as it’s more important than ever to prevent supply chain disruptions in your categories. To hear more about optimizing category management in procurement or requesting a software demo, contact EC Sourcing Group today at 973-936-9672.

Optimal Sourcing 52

Optimal Sourcing Optimization Software Price Mitigation Strategies Supply Chain Optimization 52

EC Sourcing Group

JULY 29, 2021

Even if these are features you don’t think you need, in most situations, they will help with your supply chain and procurement flow. This allows you to repair mistakes quickly anywhere in the supply chain, and having cloud hosting is both a benefit for you as well as your suppliers. This is vital to risk management. .

Procurement Solutions 52

Procurement Solutions Procurement Analytics Supply Chain Software Purchasing Skills 52

EC Sourcing Group

SEPTEMBER 21, 2021

eTendering has become a must in today’s global economy, particularly in the supply chain and procurement. The X is just an easy stand-in for any feeler you put out along the supply chain. or you’d like to request a software demo about eSourcing, contact EC Sourcing Group today at 973-936-9672.

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