The procurement journey can be an arduous one if your approach is lacking structure or you haven’t got a clear enough idea of the ultimate goal. So to start you off on the right foot, e-sourcing offers four distinctly different ways to publish your invitation to potential suppliers.
Continue readingSuccess factors of eProcurement adoption: usability and monitoring
The final blog post on the elements of successful eProcurement adoption, we look at software usability and monitoring of performance
Continue readingSuccess factors of e-procurement adoption: project championing and consultation
Engagement from all levels of the organisation is essential for effective e-procurement adoption, requiring project championing and end user consultation
Continue readingWhy e-procurement? The financial justification
Why e-procurement? The financial justification is a critical element of successful adoption
Continue readingEntrusting e-sourcing software to non-procurement experts
How can someone with little or no procurement experience source the best quality goods and services at the best possible price?
Continue readingSupplier management and successful eSourcing
With the launch of a new Supplier Management feature, we thought it timely to explore how the pooling of vendors and a successful sourcing function
Continue readingIndirect spend management: a mine of untapped savings opportunities
Does indirect spend management get the attention it deserves? We don’t believe so, especially given the pressure organisations are under to reduce costs
Continue readingTrends in e-sourcing V: SEPA 2014 – matching innovation in e-payments
e-Payment and e-invoicing developments such as SEPA 2014 contribute to the migration online of procurement and sourcing
Continue readingTrends in e-sourcing IV: Affordability – making your time and money count
One of the most significant inhibitors to e-sourcing adoption in the UK procurement industry is the ‘prohibitive cost of access to software tool’
Continue readingTrends in e-sourcing III: Managing indirect spend
All available evidence indicates that indirect spend is by far the biggest source of non-compliant, or maverick, spend
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