Comments Off on Could Your eSourcing System Be a Marketing Tool to Attract New Suppliers?Shouldn’t all suppliers be thrilled with the opportunity to do business with your company? Your eSourcing system should be an asset that makes responding to your RFPs a pleasure and not a dreaded...
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Comments Off on Do You Know What Your Organization is Buying?Fundamental to strategic sourcing is knowing what your organization is buying. Which vendors are vetted and who has the authority to buy from them is equally important. These may seem like basic information...
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Comments Off on Understanding the Costs and Margins of Your Suppliers Builds TrustMany sourcing professionals focus on their own costs first. I would recommend that understanding the costs and margins of your suppliers will build trust in the negotiation process. Relationships built on...
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Comments Off on Simplifying Your Strategic Partnerships for Greater Control of Business GrowthStrategic Partnerships: Each Business Getting Something Out of the Deal No business works entirely in a bubble. You rely on a wide range of other businesses to help with daily operations such as suppliers,...
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Comments Off on How a Reverse Auction Can Benefit Your BudgetGetting involved with online auctions has given your business a wide range of benefits. You feel like you have a better grasp of the products and services you obtain for your company, as well as opening up a...
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