e-sourcing


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e-sourcing

The 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.
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References in periodicals archive ?
We commend Spend Matters on providing this fresh approach to segmenting and assessing the e-sourcing landscape," said Rich Wilson, Chief Executive Officer of CombineNet.
Trade Extensions, CEO Garry Mansell said, "Sourcing is now used as a strategic function to help businesses achieve their broader objectives and e-sourcing is the only effective way to manage the complexities involved in a modern day sourcing project.
In this case, the winning bidder pays [the e-sourcing company] a fee (on a sliding scale less than 2 percent of the selling price) for the benefit they have received from participating in and winning the auction.
A growing chorus of independent voices and a developing base of satisfied customers suggest that e-sourcing really is something new, different and potentially valuable.
Alongside development of these entirely new e-Sourcing modules, Zycus has also continued to enhance its core e-Sourcing solution in ways that improve user experience.
As evidenced by CombineNet's substantial growth over the last three years, it is clear that more and more companies are embracing advanced sourcing technologies to fill the gaps left by first generation e-sourcing tools," said Alan Himler, VP of Product Management at CombineNet.
We are very pleased to have signed this agreement with E-Sourcing which will allow us to offer ASTRA2Connect in another country in Central and Eastern Europe," said Norbert Holzle, Chief Commercial Officer at SES ASTRA.
Sixty-four percent (64%) growth in the number of e-sourcing events generated by customers of CombineNet ASAP, as compared to the first half of 2012, which demonstrates that customers are continuing to increase the amount of their spend sourced through CombineNet across all categories.
PHOENIX -- Intesource, the e-Sourcing experts, has announced the introduction of a dedicated partner program that is focused on industry-leading Solution Integrators and Resellers.
In this fifth consecutive year of being recognized on this top 100 list, CombineNet builds upon its excellent reputation for e-sourcing advancements for the supply chain.
Intesource, the go-to e-sourcing provider for the retail, grocery, and restaurant industries, has been named to the 2013 Supply & Demand Chain Executive 100 list, which recognizes the solution and service providers that provide the greatest value to organizations across the supply chain industry.
CombineNet's ASAP consistently produces 10, 15, even 20 percent greater actual cost savings than other e-sourcing solutions, and has delivered more than 45x ROI for the largest businesses in the world including General Mills, PepsiCo, Procter & Gamble, Siemens and others.