EC Sourcing Group

MAY 11, 2021

This is where you will take a deep look at how your organization spends money, but performing an excellent spend analysis does much more than that. You can more easily monitor the spend across the organization to ensure that all locations are buying from approved suppliers. .

Analysis 52

Analysis Optimal Sourcing Procurement EC Sourcing 52

EC Sourcing Group

NOVEMBER 1, 2019

Complicated onboarding or purchase processes that “motivates” rogue spend. Solutions that are sitting on the shelf because they are so difficult and inefficient to use – your staff prefers using Excel because they understand it…even if it takes a lot longer. Lack of visibility.

Procurement Solutions 40

Procurement Solutions Procurement Cost Reduction Strategies Sourcing Strategies 40

EC Sourcing Group

NOVEMBER 7, 2019

Cumbersome procurement processes that require the same amount of effort for simple buys as strategic ones. Procurement is slow to respond even if the purchase is urgent. Huge cost savings by eliminating POs for common recurring purchases – stakeholders now execute these purchases in less than 5 minutes.

Negotiating Skills 45

Negotiating Skills Negotiate Pricing Purchasing Skills Price Reduction 45

EC Sourcing Group

MARCH 6, 2019

As part of my weekly routine, I speak with many talented people in sourcing about their challenges. If you are patient and implement tools and system changes that make it easier for stakeholders and suppliers to do business with your group – excellent results are inevitable. Change can be hard, and resistance is to be expected.

Sourcing Strategies 45

Sourcing Strategies Sourcing Negotiating Skills Expense Reduction 45

EC Sourcing Group

MAY 7, 2019

All of our pricing analysis is done in Excel because the pricing capability in our current tool is limited. My team cuts and pastes all the responses into Excel to analyze each event. One recent prospect describes the system they now have this way: “It was easy to buy, difficult to implement and costly to maintain.”.

Manufacturing Procurement 45

Manufacturing Procurement Cost Reduction Strategies Tools Procurement 45

EC Sourcing Group

JULY 11, 2019

This is like using Excel to build financial analysis models – everything you need is included to create and then modify your workflow. Procurement at your service portal – How much easier would your life be if all stakeholders and business owners could use an online portal to start the purchasing process? The tools are configurable.

Procurement Solutions 40

Procurement Solutions Procurement Cost Reduction Strategies Modeling Software 40

EC Sourcing Group

OCTOBER 22, 2019

Some are perfect for 3 bids and a buy. New events can be created via one-click uploads from Excel. Most eSourcing platforms are designed to only handle certain types of events. Maybe that is why most systems are being used on less than 40% of total spend. Others can handle thousands of items and hundreds or even thousands of suppliers.

Negotiating Skills 40

Negotiating Skills Waste Reduction Cost Reduction Strategies Analysis 40

EC Sourcing Group

APRIL 25, 2019

To analyze bids, it is far easier to rekey the information into Excel than to use the analysis reporting tools in the system. Too often a system is easy to buy and difficult to implement or impossible to maintain. The most effective tools allow you to manage small events and massive events with similar effort.

Buyer Training 40

Buyer Training Cost Reduction Strategies Eliminating Excel in Purchasing Purchasing Training 40