EC Sourcing Group

JUNE 17, 2020

Sourcing and Procurement in Supply Chain Management. The terms “ sourcing” and “procurement” in supply chain management are often used interchangeably, although they are not quite the same. Procurement is a process and one link in the chain of the supply chain. Purchase requisition.

Manufacturing Procurement 52

Manufacturing Procurement Procurement Solutions Purchasing Skills Supply Chain Design Software 52

EC Sourcing Group

NOVEMBER 16, 2021

Effectively managing your suppliers is an integral part of the procurement process (and important to the entire supply chain as well). So if you’re wondering, “What is supply chain management and why it is important?,” it’s imperative to manage every link in the supply chain, particularly your supplier relationships.

Procurement Solutions 52

Procurement Solutions Analytics Software Logistics Network Optimization Software Supply Chain Software 52

EC Sourcing Group

OCTOBER 26, 2021

Before the Internet was a vital tool in business, the supply chain was a much different place than today. Read on to learn about the importance of quality in supply chain management, how IT helps to achieve that quality, and more details about the supply chain. Cost reduction.

Supply Chain Software 40

Supply Chain Software Logistics Network Optimization Software Inventory Management Software Analytics Software 40

EC Sourcing Group

NOVEMBER 24, 2020

Using software in procurement management is an excellent way to help maximize proficiency and streamline your operations so that you not only increase production, you build better relationships with your suppliers, increase collaboration within your organization, and improve the entire supply chain process.

Analytics Software 52

Analytics Software Optimal Sourcing Supply Chain Software Procurement 52

EC Sourcing Group

JULY 7, 2020

What Is eSourcing in Supply Chain Management? If you’re wondering, “ What is eSourcing in supply chain management? ” Read on to learn, “What is eSourcing in supply chain management? ” What Is eSourcing in Supply Chain Management? eSourcing Software. Using eAuction Software.

Manufacturing Procurement 52

Manufacturing Procurement Procurement Solutions Supply Chain Software Procurement Analytics 52

EC Sourcing Group

SEPTEMBER 7, 2021

Spend Analysis in Supply Chain Management. 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.

Analysis 52

Analysis Material Savings Manufacturing Procurement Supply Chain Software 52

EC Sourcing Group

DECEMBER 29, 2020

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. What one company needs in procurement management , another may not; however, procurement software trends generally lean in the same direction.

Procurement Solutions 52

Procurement Solutions Inventory Management Software Analytics Software Modeling Software 52

EC Sourcing Group

DECEMBER 14, 2020

Your Guide to RFP Software. RFP management software is your best friend if you’re trying to streamline your way through the sometimes-complicated process of the RFP (request for proposal) world. Read on to learn more about the best RFP software and what features you should consider. RFP Software : The Basics.

Supply Chain Software 52

Supply Chain Software Inventory Management Software Software EC Sourcing 52

EC Sourcing Group

DECEMBER 28, 2020

There are many steps in the supply chain and sourcing and procurement that are tedious, but they must be completed to run the business smartly and efficiently. However, RFP software can assist in streamlining the process. But, you must also select the best RFP automation software for your needs.

Supply Chain Software 52

Supply Chain Software Analytics Software Supply Chain Planning Software Software 52

EC Sourcing Group

JANUARY 4, 2022

Naturally, this slows down the process of the entire supply chain. Read on to learn about the benefits of procurement software and having a procurement spend analysis dashboard. Tools such as automation, artificial intelligence, and advanced spend analytics speed up the procurement process. Happier stakeholders.

Optimal Sourcing 52

Optimal Sourcing Supply Chain Software Analytics Software Optimization Software 52

EC Sourcing Group

JANUARY 4, 2022

Naturally, this slows down the process of the entire supply chain. Read on to learn about the benefits of procurement software and having a procurement spend analysis dashboard. Tools such as automation, artificial intelligence, and advanced spend analytics speed up the procurement process. Happier stakeholders.

Optimal Sourcing 52

Optimal Sourcing Supply Chain Software Analytics Software Optimization Software 52

EC Sourcing Group

APRIL 27, 2021

5 Benefits of Global Sourcing in Supply Chain Management. The importance of quality in supply chain management is undeniable. The truth is that global sourcing benefits outweigh the risks for many spend categories, and it’s advantageous to think about the big picture of your sourcing steps.

Manufacturing Procurement 52

Manufacturing Procurement Sourcing Supply Chain Software EC Sourcing 52

EC Sourcing Group

JANUARY 25, 2022

The early days of eProcurement software were still intricate, with much dependence on spreadsheets to try to organize data. Today, the benefits of procurement software are many, but there are a lot of choices out there—having the right software is imperative for procurement optimization.

Procurement Solutions 52

Procurement Solutions Optimal Sourcing Procurement Analytics Supply Chain Software 52

EC Sourcing Group

JANUARY 25, 2022

The early days of eProcurement software were still intricate, with much dependence on spreadsheets to try to organize data. Today, the benefits of procurement software are many, but there are a lot of choices out there—having the right software is imperative for procurement optimization.

Procurement Solutions 52

Procurement Solutions Optimal Sourcing Procurement Analytics Supply Chain Software 52

EC Sourcing Group

DECEMBER 28, 2021

5 Things to Look for in eSourcing Software. Underneath the umbrella of supply chain management are procurement and the sourcing of goods and materials. When this is performed electronically through the internet, it is known as eSourcing or electronic sourcing. Features of eSourcing Software: Spend Analytics.

Analytics Software 52

Analytics Software Optimization Software Supply Chain Software Optimal Sourcing 52

EC Sourcing Group

DECEMBER 28, 2021

5 Things to Look for in eSourcing Software. Underneath the umbrella of supply chain management are procurement and the sourcing of goods and materials. When this is performed electronically through the internet, it is known as eSourcing or electronic sourcing. Features of eSourcing Software: Spend Analytics.

Analytics Software 52

Analytics Software Optimization Software Supply Chain Software Optimal Sourcing 52

EC Sourcing Group

MAY 17, 2022

Global supply chain optimization is simply taking a closer look at and revamping your current supply chain to operate at its best. Your supply chain is the backbone of your business, no matter what role you play in purchasing and procurement. So, what is supply chain management ?

Optimal Sourcing 52

Optimal Sourcing Optimization Software Supply Chain Optimization Supply Chain Software 52

EC Sourcing Group

MAY 4, 2021

When you work in procurement, one of the challenges you face is how long sourcing can take. As procurement is only one step in the supply chain, the last thing you want is to slow down the process, but very often, it can feel like things are out of your control. . How to Streamline Sourcing : Using the Right Technology.

Sourcing Strategies 52

Sourcing Strategies Sourcing Supply Chain Software EC Sourcing 52

EC Sourcing Group

SEPTEMBER 6, 2022

Why You Should Choose Companies with Green Supply Chains. There is no denying that companies with green supply chains are becoming more and more the norm. A green supply chain reduces the harm that may occur at any stage of the procurement cycle—production, purchasing, logistics, material management, or distribution.

Material Savings 52

Material Savings Waste Reduction Supply Chain Software Vendor Strategies 52

EC Sourcing Group

DECEMBER 13, 2021

Generally speaking, vendor sourcing is when you choose vendors to supply you with either goods or services. In years past, vendor sourcing could be an intricate and lengthy process. Read on to learn more about auction vendor sourcing and more about the management process. Risk management tools. Automation.

Purchasing Skills 52

Purchasing Skills Optimal Sourcing Sourcing Strategies Negotiating Skills 52

EC Sourcing Group

NOVEMBER 23, 2021

A Request for Proposal (or RFP as it is more commonly known) is one of the most important pieces in sourcing and procurement and the overall supply chain. However, this can be a tedious process if you’re still sourcing using spreadsheets or haven’t made your procurement process digital quite yet. Office supplies.

EC Sourcing 52

EC Sourcing Material Savings Manufacturing Procurement Price Reduction 52

EC Sourcing Group

JULY 21, 2020

Business process management solutions refer to a broad set of tools that can help organizations and corporations effectively streamline their workflow and work more efficiently, given tools, and software. What is E-Procurement in Supply Chain Management? How Can E-Procurement Expedite Your Process?

Procurement Solutions 52

Procurement Solutions Procurement Analytics Modeling Software Supply Chain Software 52

EC Sourcing Group

OCTOBER 12, 2021

Finding the right procurement optimization solutio n is imperative to keep your entire procurement management process running smoothly throughout the supply chain. Much of your optimization will be accomplished through the strategic sourcing process, one of the best ways to keep things optimized and seamless. RFx software.

Optimal Sourcing 52

Optimal Sourcing Optimization Software Negotiating Skills Supply Chain Optimization 52

EC Sourcing Group

MAY 31, 2022

However, not everyone is using eSourcing software — a cost-effective, efficient way to source. Yes, you could source using manual processes, spreadsheets or the old back-and-forth method, but you wouldn’t be doing your company any favors. eSourcing Software: So How Does This Work? Transparency.

Supply Chain Software 52

Supply Chain Software Software Sourcing Strategies Optimal Sourcing 52

EC Sourcing Group

JULY 13, 2021

How to Optimize Your Procurement Sourcing Systems. Finding the right tools and measures to optimize your procurement sourcing systems is a must. While optimization does rely heavily on procurement sourcing software , there are other ways to optimize the procurement management process.

Optimal Sourcing 52

Optimal Sourcing Optimization Software Analytics Software Supply Chain Network Software 52

EC Sourcing Group

JUNE 8, 2021

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 software can help make things easier, boost your team’s efficiency, and perhaps increase your quality of life. Billing management.

Optimal Sourcing 52

Optimal Sourcing Procurement Solutions Procurement Analytics Sourcing Strategies 52

EC Sourcing Group

AUGUST 1, 2022

eAuction tools are imperative to sourcing, affecting your sourcing , procurement management, and ultimately, the entire supply chain. software is typically cloud-based, which means nothing is stored locally at your location (or your suppliers’ locations), and all transactions are processed through the cloud.

Supply Chain Software 52

Supply Chain Software Tools Price Reduction Sourcing Strategies 52

EC Sourcing Group

SEPTEMBER 28, 2021

One of the most important sourcing and procurement techniques is working with strategic suppliers and ensuring that you have a good relationship and understanding with this supplier base because this has a lot to do with the importance of quality in supply chain management. eSourcing Software Options and Optimizations.

Optimal Sourcing 52

Optimal Sourcing Manufacturing Procurement Supply Chain Software EC Sourcing 52

EC Sourcing Group

SEPTEMBER 22, 2020

There are many terms when it comes to all levels of procurement management, which is a smaller part of the overall supply chain. Many companies and organizations have delved further, looking to tools such as advanced sourcing optimizers; to streamline this part of procurement management. Payment terms. Volume discounts.

Optimal Sourcing 52

Optimal Sourcing Purchasing Skills Procurement Solutions Sourcing 52

EC Sourcing Group

DECEMBER 7, 2021

eSourcing in procurement falls under the umbrella of the procurement process, just as procurement fits within the supply chain. eSourcing software should be a part of your overall procurement software suite , and finding the best professional eSourcing service depends on the procurement needs of your company.

Procurement 52

Procurement EC Sourcing Sourcing Strategies Analytics Software 52

EC Sourcing Group

OCTOBER 19, 2021

Read on to learn more about reverse auctions, the importance of strategic sourcing , the difference between tactical buying vs. strategic sourcing , and what to look for in strategic sourcing software. The Importance of Strategic Sourcing : Why Are People Scared to Use Reverse Auctions? eRFx tools.

Sourcing Strategies 52

Sourcing Strategies Optimal Sourcing EC Sourcing Supply Chain Software 52

EC Sourcing Group

MARCH 29, 2022

7 Essential eSourcing Tools for 2022. When eSourcing is optimized, it can positively affect procurement and the overall supply chain. eSourcing is sourcing done digitally—tools that aim to simplify, streamline, and improve procurement and strategic sourcing overall.The eSourcing software you use is also important.

Optimization Software 52

Optimization Software Supply Chain Software Optimal Sourcing Tools 52

EC Sourcing Group

OCTOBER 5, 2021

When contract management and procurement software first arrived on the scene, overnight it became an easy way to streamline the procurement process. In addition, having software in many cases provides digital proof when something goes awry. Are you using the wrong software? Another benefit that automation provides is analytics.

Procurement Analytics 52

Procurement Analytics Optimal Sourcing Procurement Solutions Procurement 52

EC Sourcing Group

NOVEMBER 15, 2022

How Supply Chain Management Can Mitigate the Effects of Inflation. Rising inflation can certainly disrupt the supply chain. However, those following best practices for supply chain managemen t can mitigate the effects of inflation and keep things under control. percent increase in inflation rates.

Supply Chain Design Software 52

Supply Chain Design Software Supply Chain Software Supply Chain Design Optimal Sourcing 52

EC Sourcing Group

MARCH 14, 2022

Is Software Required to Manage Tail Spend. Managing tail spend in procurement and the entire supply chain process is vital; poor tail spend management can lead to considerable loss. The right tail spend software and procurement software can help you keep track of rogue spend by using tools such as tail spend analysis.

Procurement Solutions 52

Procurement Solutions Supply Chain Software Optimization Software Optimal Sourcing 52

EC Sourcing Group

AUGUST 3, 2021

Read on to learn more about strategic supplier management and how it fits in the supply chain. . Sourcing and Procurement Solutions: What Is Supply Chain Management and Why Is It Important? Before getting into strategic suppliers, it’s imperative to understand the big picture of supply chain management.

Sourcing Strategies 52

Sourcing Strategies Optimal Sourcing EC Sourcing Vendor Strategies 52

EC Sourcing Group

JUNE 7, 2022

Everyone in the procurement and purchasing fields knows that sourcing is generally a process of getting the best product from top suppliers with good terms and price. The right eSourcing software is a central part of eSourcing best practices. Read on for tips on how advanced eSourcing tools should be a part of your best practices.

Procurement Solutions 52

Procurement Solutions Optimization Software Supply Chain Software Optimal Sourcing 52