Remove EC Sourcing Remove Inventory Remove Procurement Solutions
article thumbnail

What to Look for in Procurement Software Solutions

EC Sourcing Group

Procurement software covers a lot of bases, and there are many facets to procurement management that could potentially be streamlined and automated if you haven’t done so already. Every procurement and purchasing department is different, and thus, everyone has a different set of needs and standards. Run analytics.

article thumbnail

Where to Start if You’re New to Procurement Sourcing Solutions

EC Sourcing Group

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 Sourcing Solutions : What Is Procurement Management?

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

The Importance of Using Supply Chain Management Software in Procurement

EC Sourcing Group

The importance of using supply chain management software is notable because of the importance of the supply chain itself. Read on to learn more about types of supply chain management software and how to pick the best type for your company’s needs. . Thus, you’ll see a lot of: eSourcing tools. Automated tools.

article thumbnail

How to Use Information Technology in Supply Chain Management

EC Sourcing Group

Before the Internet was a vital tool in business, the supply chain was a much different place than today. However, the use of information technology in supply chain management has streamlined the world of procurement and purchasing through supply chain management, cloud software, and other types of IT that help boost supply chain efficiency.

article thumbnail

Spend Analysis in Supply Chain Management

EC Sourcing Group

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. There are many types of spend analysis software companies out there.

article thumbnail

Top 5 Reasons You Need Procurement Tracking Software

EC Sourcing Group

Once upon a time, companies had to manage purchasing departments and procurement management as though it was the Dark Ages. Everything was done by hand—there were no computer software programs to help, there were no emails, and there were no spreadsheets. . Inventory maintenance. Verification of POs with your suppliers.

article thumbnail

How to Optimize Your Global Supply Chain

EC Sourcing Group

Your supply chain is the backbone of your business, no matter what role you play in purchasing and procurement. eSourcing is one step of the supply chain process that will streamline your procurement processes and improve relationships with suppliers. How you use analytics and your software is imperative.