Today I’m going to briefly introduce you to yet another e-Sourcing company that you just might want to consider if you’re a mid-market company who has yet to adopt a sourcing solution and wants to get started with something that’s easy to use, easier to manage, and easier still on the budget. With pricing starting around 3K a month (depending on the size of your company and the number of licenses you need), you can get full access to a basic e-Negotiation suite with RFX, Auctions, Project Management, a Contract Repository, and Corrective Action Reporting with the EC Sourcing …
Read the rest » Sourcing Innovation
March 4th, 2010 | Posted in Auctions, Contract Management, RFX
Be sure to check out today’s Dilbert! You’ll laugh so hard, you’ll cry … and then you’ll cry so hard you’ll laugh, because we’ve all been there! …
Read the rest » Sourcing Innovation
December 19th, 2009 | Posted in RFX, humour
[Shameless Plug] If you contracted the doctor to help you with your technology RFPs, this wouldn’t happen to you! Hat-Tip to: My Detroit Magic. Always remember, there’s RFP Help Here. …
Read the rest » Sourcing Innovation
December 12th, 2009 | Posted in RFX, humour
This series discusses the recent report from CAPS Research on the role of optimization in strategic sourcing. The primary goal is to highlight, clarify, and, in some cases, correct parts of the report that are important, confusing, or incorrect to insure that you have the best introduction to strategic sourcing decision optimization that one can have. In this chapter, the optimization enhanced sourcing cycle is enhanced. The first issue is cycle time. According to the report “at one company, the time from first exposure to the optimization concept to completion of the first pilot run was one …
Read the rest » Sourcing Innovation
December 9th, 2009 | Posted in Decision Optimization, RFX, Sourcing Innovation
Maybe this is how they transport your oversized merchandise … Maybe this is how they secure your funds … Maybe this is their idea of plant safety … Maybe this is how they’ll service your fleet … Maybe this is their definition of “repackaged” merchandise … Maybe this …
Read the rest » Sourcing Innovation
November 28th, 2009 | Posted in Logistics, RFX, Supply Chain, humour
About a year ago, I introduced you to Trade Extensions (TE) on the eleventh day of X-Mas. A provider of an extensive on-demand e-Negotiation platform, Trade Extensions is an emerging player in the global e-Sourcing marketplace — one that offers negotiation management, extensive RFX, and (reverse) auctions with embedded real-time decision optimization.Since my initial coverage, Trade Extensions has made the following significant updates to their platform: a brand new UI across their end-to-end system The new UI is crisp, clean, and click-minimal. It’s quick and easy to use and very self evident. Plus, their …
Read the rest » Sourcing Innovation
November 18th, 2009 | Posted in Auctions, Cost Reduction, Decision Optimization, Marketplaces, Negotiations, RFX, Sourcing Innovation, Technology
Maybe this is how they secure their facilities … Maybe this is how they’ll transport your livestock … And maybe this is the limo they have waiting to take you on the factory tour … …
Read the rest » Sourcing Innovation
November 7th, 2009 | Posted in RFX, humour
A recent article over on Cracked listed 7 Secrets Only Two Living People Know (for some reason … that the doctor must admit he doesn’t understand in a few of the cases). While entertaining, it did cause me to ask why there are so many truths in sourcing that most people still don’t seem to get. Since some days I feel like only 2 people know the following, I decided I should do my own post on 7 sourcing secrets more than 2 people should know. Because you really, really, really should know the following sourcing “secrets”. …
Read the rest » Sourcing Innovation
October 26th, 2009 | Posted in Auctions, Best Practices, Contract Management, Decision Optimization, RFX, Spend Analysis, rants
Originally aired December 1, 2007.. To the tune of Closing Time by Semisonic. Buying time – time for you to go out, go out and meet the day Buying time – turn the lights on your suppliers near and far away Buying time – one month left on the contract, [...]
Read the rest » Sourcing Innovation
May 30th, 2009 | Posted in Auctions, Lyrics, RFX
A recent article over on Supply Management . com on going faster pointed out many of the problems with RFXs that cause unnecessary process delays. Fixing these problems will enable your RFX process, which you now know how to construct in an unbiased fashion, to flow smoother and faster. [...]
Read the rest » Sourcing Innovation
March 23rd, 2009 | Posted in Best Practices, Contract Management, RFX
