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A Case For eSourcing: The Strategic Side Of Procurement
Most companies recognize the value of a well-tuned procurement organization. However, there still is a great deal of potential for sourcing — procurement's strategic front end — to add significant value. Today, emerging eSourcing applications enable companies to automate what typically was a mostly manual and particularly arduous process — where strategic benefits were limited by the time and complexity needed to do it right. In short, eSourcing technology has created a new and highly strategic business opportunity. Of course, eSourcing yields significant time and cost savings. But it also accelerates the building of win-win partnerships across the supply chain that help companies grow and distinguish themselves from less innovative competitors.
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