Practical Use Cases
What Do E-Sourcing Specialists Do?
E-sourcing specialists help companies adopt automated sourcing practices that support strategic sourcing and procurement. They introduce automated tools that enhance the sourcing process through spend analysis, reverse auctions, and increased transparency between suppliers and buyers. E-sourcing consultants enable companies to utilize e-sourcing technology to reach a broader pool of suppliers and secure the lowest prices.
E-sourcing consultants use web-enabled collaborative sourcing tools to empower better supplier relationships through clearly defined requirements and expectations. They also help companies improve compliance and reduce risk through a systematic approach to sourcing and procurement. By implementing an e-sourcing solution, they make it possible for companies to automate their supply chain processes further for enhanced performance and cost savings.