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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Because ProcurePort' s Web-based E-Sourcing and Spend Management solutions do not require expensive and time-consuming setup or integration, many of ProcurePort' s customers realize a return on their investment immediately after their first sourcing event.
These results indicate that organizations that have initiated e-procurement or e-sourcing are more focused on strategic tasks within the procurement function than organizations without this technology.
Whether the choice is traditional means of negotiation, a standalone e-sourcing tool or a full-service e-sourcing provider, each avenue comes with its own unique benefits and challenges.
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.
Moai Technologies Inc has introduced a new e-sourcing system called CompleteSource.
Procurement executives understand the benefits of e-Sourcing automation technology -- shorter sourcing cycle times; more competitive markets; easier collaboration with spend owners, stakeholders and suppliers, and efficient use of procurement and other corporate resources.
The OECD will use its e-Sourcing portal to conduct this procurement exercise.
Providing great value and fair prices to customers is a top priority for every grocer - regardless of whether or not it uses e-sourcing.
pa)(LuxX:SESG), has today signed an agreement with E-Sourcing Know-How & Serv Ltd, a Romania based internet service provider, for the marketing of its satellite-based broadband service ASTRA2Connect in Romania.