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e-sourcing |
Also found in: Wikipedia | 0.04 sec. |
e-sourcingThe electronic procurement of products. Although purchases have been computerized for decades, e-sourcing implies more automatic procedures; especially dealing with contracts and processes that continue to be reviewed and managed entirely by individuals. See TCM and supply chain management. How to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit webmaster's page for free fun content. |
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Online reverse auction, which is still in its infancy, is run by Asset Management Technologies, a private corporation that sets up the auction for everything from desks to paper, all with kudos from the North Carolina School Boards Association. The Encino-based media buyer launched a reverse auction system to fill the unsold airtime and is buying and selling the last-minute radio spots through an online auction system. The company offers event-based packages in a pay-per-use model to realize the immediate and compelling savings that reverse auction tools can provide. |
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