Global Enabled Supply Chain Series: Strategic E-Sourcing

Topics:
Sourcing
Tags:
Business Operations,
e-Sourcing,
Purchasing & Procurement,
Supply Chain
Source:
Cygnus Business Media

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Overview: The ability to evaluate suppliers based on multiple non-price decision factors is indeed one of the hallmarks of strategic e-sourcing. However, there are a host of other benefits that these tools facilitate, depending on the definition of strategic e-sourcing to which a technology enabler adheres. In today's market, it appears that almost every enabler defines strategic e-sourcing, and the functionalities it provides to leverage the process, differently. In order to understand the current confusion surrounding strategic e-sourcing, it is important to remember that online sourcing and procurement have been continuously evolving over the past few years, and strategic e-sourcing simply represents the latest stage of this evolution. The article depicts that strategic sourcing is just that: a strategy. Strategic sourcing is predominately cited as an organizational issue, whereas e-procurement and e-sourcing are cited as application or technology issues. In many ways, e-sourcing tools are best suited to supporting the spend-analysis function of strategic sourcing. Indeed, a holistic, integrated approach will be the key to success in the strategic e-sourcing market during the next year, driving a major shakeout for the niche e-sourcing suppliers of today.

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Format: HTML | Date: Oct 2001 | Pages: 1

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