The wave of e-sourcing that began a decade ago resembled a “crash diet:” it had an immediate and noticeable effect on enterprises. Today’s challenge is to develop new programs that can sustain the benefits of e-sourcing and “keep the weight off.” Find out how employing advanced sourcing strategies can help you positively impact product development cycles, build stronger supplier relationships, and make better decisions.
event management tips plm
strategic sourcing process. Common event or negotiation types include RFI, RFP, RFQ, tender, reverse auctions, and one-to-one or one-to-many negotiations. Key to achieving sustainable results in e-sourcing is the ability to leverage category, process, supply base, and technology expertise into every online negotiation. Many systems now offer robust knowledge management capabilities, including RFx template creation, document repositories, and standardized workflows that enable rapid event creation.