strategic sourcing

Top 4 Reasons Your Organization is not Adopting eSourcing and How You Can Overcome Them

Reasons your organization is no adopting eSourcing

For any business that has used an eSourcing platform, the benefits are evident. Using tailored technology to streamline its procurement needs can provide an organization with significant cost savings, faster cycle times, more transparency, and better control over its sourcing requirements. Despite demonstrable success and a strong ROI story, eSourcing adoption remains low. As Jeff …

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3 Ways eSourcing Can Boost Supplier Relationships

eSourcing can boost relationships with suppliers

When it comes to procurement, technology can make a significant impact. Take eSourcing platforms for example. Whether it improves efficiency or reduces costs, there’s no denying that automating processes can provide significant operational value. With minimal effort, you’re able to communicate your objectives clearly, minimize tedious back and forth coordination between individual suppliers, and substantially …

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7 Ways to Create Effective RFPs to Attract the Best Proposals

A great RFP attracts great proposals

For business-savvy organizations, requests for proposal (RFPs) aren’t just simple procurement tactics. To them, each RFP represents an opportunity to drive value by engaging both future partners and stakeholders. Writing a strong, clear RFP is a key driver to bring in excellent proposals that ultimately lead to strong vendor relationships. Conceptually, it’s simply. Great RFP …

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