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Extending Supplier Profiles for Improved Sourcing Activity

Although creating a functional supplier profile might seem to be supplier management “101”, many organizations still manage supporting information with a combination of spreadsheets and/or disconnected vendor/supplier databases existing outside the commercial data in the business system/ERP. Altogether these tools lack the ability to qualify suppliers’ capabilities or connect with spend-management category identifiers that go [...]read more »
MARCH 27 – Webinar Notice:  BEYOND ACCURACY , How Distributors Are Transforming Customer Experience In The Digital Age

MARCH 27 – Webinar Notice: BEYOND ACCURACY , How Distributors Are Transforming Customer Experience In The Digital Age

Please join us our Panel of Industry experts on March 27th, 2019 at 9:30am EST for this exciting Webinar. You will learn how Distributors are leveraging technology to streamline their Supplier and Customer quoting process. According to the recently released IDC FutureScape Report, “By 2022, 60%+ of global GDP will be digitized, with growth in [...]read more »
Unpacking The Hidden Value Of The Digital Distributor Quoting Platform by Steve Wargalla

Unpacking The Hidden Value Of The Digital Distributor Quoting Platform by Steve Wargalla

In today’s transactional world, it is easy to focus solely on availability and timely delivery of needed parts as a measurement of distribution platform effectiveness. While it makes sense that timely delivery is the ultimate performance metric, it is not the only one that you should be tracking. In other words, the story does not […]

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e-Sourcing as a Key Component of your Spend Management Initiative – Part 3

Part 3 – What an e-Sourcing System Should Provide State of the art e-sourcing systems provide many beneficial elements to support an organization’s direct and indirect procurement activity. Specifically, in support of Spend Management initiatives they should as a baseline: Deliver a robust and repeatable process for completing all sourcing activity, that minimizes manual effort, […]

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e-Sourcing as a Key Component of your Spend Management Initiative – Part 2

Part 2 – Best Practices Top performing organizations in the Spend Management discipline focus on creating a collaborative, repeatable and transferable process using systems/software in all areas of supply chain management. For the Sourcing function specifically, reliance on: spreadsheets for event data management and progress tracking, emails for RFQ communications, both internal and external, disconnected […]

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