EC Sourcing Group

OCTOBER 5, 2021

Businesses didn’t have to rely on excel, emails, conversations, and word documents as much as they did in the past. However, the sourcing and procurement process flow constantly changes, and its needs do as well. . Purchase requisition. Negotiation and contract period. Request review. Requests for quotations.

Procurement Analytics 52

Procurement Analytics Optimal Sourcing Procurement Solutions Procurement 52

EC Sourcing Group

MAY 28, 2020

The goals of procurement management are generally to acquire goods and services with the highest quality at the lowest cost to create an end product. For instance, every purchasing department wants to lower costs and be more productive, so these are concrete goals. . Lower costs. Finding Your Own Goals in Procurement.

Procurement Analytics 52

Procurement Analytics Procurement Solutions Purchasing Skills Procurement 52

EC Sourcing Group

JULY 28, 2020

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.

Manufacturing Procurement 52

Manufacturing Procurement Optimal Sourcing Procurement Analytics Procurement Solutions 52

EC Sourcing Group

MAY 21, 2020

the simple answer is that it is a strategic way to manage and optimize the way your organization spends money, typically with the end result of creating a product. However, learning Microsoft Excel or other spreadsheet programs could prove very tough and frustrating for some with many people creating their own systems and formulas. .

Procurement Solutions 52

Procurement Solutions Optimal Sourcing Procurement Purchasing Skills 52

EC Sourcing Group

NOVEMBER 7, 2019

Procurement professionals often focus on high profile, strategic and high volume spend. 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. Stakeholders improvise for many reasons: Job security.

Negotiating Skills 45

Negotiating Skills Negotiate Pricing Purchasing Skills Price Reduction 45

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. The volume of historical data that can be analyzed grows exponentially, enhancing strategic sourcing and competitive advantage. Preset groups of vetted suppliers can be invited to events with a few clicks.

Negotiating Skills 40

Negotiating Skills Waste Reduction Cost Reduction Strategies Analysis 40

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