Remove EC Sourcing Remove Eliminating Excel in Purchasing Remove Manufacturing
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What Is eSourcing in Supply Chain Management?

EC Sourcing Group

If you work in procurement or the purchasing department, you’re already aware of how it works. pre-purchase questionnaire. Purchasing managers often find that the biggest risks lie in contracts and contract management. . Gone are the days of trying to figure out complicated calculations on Excel spreadsheets. evaluation.

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Objectives of Procurement Management

EC Sourcing Group

The objectives of procurement management can range from the most general, such as “buying goods and services,” to the more complex, such as “supporting organizational goals within the team.” Procurement and purchasing is one stop on the supply chain , but everyone suffers if there’s a break in the chain.

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How Much Are Outdated Procurement and Contract Management Tools Costing Your Company?

EC Sourcing Group

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. I reviewed the concepts of our “Sourcing Internal Request Initiative” with our team and our President. Clearly there is a better way.”.