E-sourcing is simply a set of digital tools that can simplify and improve the strategic sourcing activities and purchasing procedures carried out by an organisation’s purchasing team. E-sourcing tools enhance the ability of Purchasing to generate value for the organisation by managing all spend and all suppliers, reducing supply chain risks and increasing savings. What is the difference between e-sourcing and sourcing? Basically, sourcing and e-sourcing are not so different. In both cases, purchasing managers seek to identify the best products from the best suppliers offering the best prices and…
Read MoreSUPPLY CHAIN DICTIONARY: E-SOURCING
