How to Optimize and How to Do eTendering If you’re in procurement, you may have heard the term ‘eTendering’ and might be wondering how to do eTendering, considering it’s been quite a buzzword. There are many benefits of eTendering, and that has a lot to do with its popularity. Essentially, it’s put in place to […]
Proactively Manage Supplier Risk Is managing emerging supplier risks a priority for you or your team in 2021? Join us for a best practices webinar on supplier-funded strategies for mitigating today’s top risks. Bring your questions and we’ll bring our insight. If any of these Supplier Risk Questions resonate with you or colleagues, this is […]
How to Measure eTenders and ROI If you’re using eTendering as part of your procurement software solutions, you’ve probably already noticed that there is a positive outcome between eTenders and ROI. However, just seeing that tenders are executed faster isn’t good enough when you’re talking about financials and spend—you need to know exact numbers […]
How to Get the Most from Your Spend Analysis Reports Running spend analysis reports is a must in procurement, otherwise, you’ll never gain proper ROI without knowing where your funds are going and how they are being spent. If your company struggles determining spend or prioritizing sourcing events, it may make sense to use […]
Top 5 Ways to Optimize Your Procurement Strategy There are a lot of moving parts in procurement, and it’s easy sometimes to keep following the same processes you always have because you are achieving moderate success. Change when it comes to procurement, sourcing, and supply chain management makes people nervous. Trying to learn new […]
What Is the eTendering Process? The eTendering process may sound like something complicated, but at its root, it refers to the process of managing tenders digitally. Before the internet, all procurement processes were done with hard copies, which obviously could delay production. However, moving to digital formats such as procurement software solutions, eTendering, and other […]
Getting the Most from Your Spend Analysis Software Running spend analysis reports is a very necessary part of procurement, particularly if you want to look for opportunities to improve your spend under management and find new categories to source. Even if you think you run a tight ship, there’s always some maverick spending going on […]
20 Years Milestone – Helping Procurement Deliver More in Less Time MORRISTOWN, N.J., February 23, 2021 / PRNewswire / This February marks the 20 Year Anniversary for EC Sourcing Group in its delivery of digital eSourcing and Procurement Solutions. Founded in 2001, EC Sourcing Group is a global procurement technology provider comprised of former sourcing […]
How to Streamline Contracts and Procurement (During the COVID-19 Pandemic) Streamlining contracts and procurement even before the COVID-19 pandemic may have been difficult. Still, once the pandemic hit and everyone had to move to work remotely, it may have become much more difficult. As the pandemic surges on, your sourcing and contract management strategies may […]
How to Optimize Your eSourcing Award Strategy Sourcing is one of the most important foundations of procurement—if you’re not able to find the right suppliers you need and source goods from them, procurement cannot occur, and the entire supply chain, in essence, crumbles apart. Before the Internet, sourcing was one of the most arduous and […]
