CPG manufactures take note! Bad packaging decisions can hurt your customers - literally! A recent article in Wired demonstrates this.
And whether you know it or not, this hurts you. First of all, if a product requires a pair of box-cutters to open, chances are you’re losing money. Besides the fact that the […]
Read the rest » E-Sourcing Forum
A generally accepted (and obvious) “best practice” is to procure services via a robust competitive methodology. In general, this is achieved by issuing a comprehensive request for proposal (RFP) to each of the potential vendors for that service. The practice has now become so common that many organizations have developed a standardized template […]
Read the rest » E-Sourcing Forum
The most generally accepted value proposition for e-RFx solutions (whether reverse auction, optimization, or online RFP) is their ability to rapidly and effectively drive lowest total cost sourcing decisions through whizz-bangs such as “competition-inducing online bidding environments”, “optimization tools facilitating real-time multi-attribute evaluation”, or one of my personal favorites “a geography-negating virtual collaboration medium where […]
Read the rest » E-Sourcing Forum
Tomkins Associates released some survey results from a recent study they did regarding supplier relationship management with Asia.
With the promise of capitalizing on the low cost labor in Asian counties, businesses have been in an incredible rush to capture the economic benefits. However, companies that do not do their homework are often surprised to find […]
Read the rest » E-Sourcing Forum
How many bidders do you need for an electronic auction? There are a variety of “expert” opinions on this question. Is it three, four, five? I have heard all of these recommendations. The correct answer is: at least two. But the actual number depends.
I have experienced circumstances where […]
Read the rest » E-Sourcing Forum