E-Sourcing

Sourcing Modernization: Two Solutions for One Goal

Posted: 11/04/2021 - 09:00

Author: Alan Holland

Sourcing Modernization: Two Solutions for One Goal

In the midst of global disruption, fluctuating demand and supply has driven industry leaders to hold sourcing events more frequently amid the chaos.

While supply chain challenges continue, it is crucial that businesses equip themselves with tech that allows for both standard and complex sourcing events. This is especially true as the need to drive non-cost objectives around sustainability initiatives, delivery speed and more rises.

E-Commerce Growth Makes Effective Packaging Procurement Critical

Posted: 10/02/2020 - 23:39

Author: Sarah Scudder

To manage packaging procurement effectively and efficiently, an e-sourcing solution needs to provide three core capabilities

Every year, companies spend billions on packaging for their products. According to a recent research report by Smithers, the value of the global packaging market was $917 billion in 2019. It will grow to $1.05 trillion by 2024.

How Print E-Sourcing Helps Tame the Tail

Posted: 06/19/2019 - 06:16

Author: Sarah Scudder

Managing tail spend has been a major topic of discussion among sourcing professionals for at least the past two decades. In most companies, external spending has a Pareto-like distribution – the largest 20% of suppliers (by dollar volume) typically account for about 80% of the total external spend. Tail spend is generally defined as the 20% (or so) of the total external spend that is attributable to the smallest 80% of suppliers.

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