Exploring the E-Sourcing Advantage

NO RATINGS
View comments: newest first | oldest first | threaded
_hm
User Rank
Supply Network Guru
Quality Quality Quality
_hm   1/25/2014 7:46:29 AM
NO RATINGS

Quality Department must agree to this. They may have very tough time ensuring product quality.

Also one must also consider many other hidden cost as they many time are significant. Wavering mind of just for just few dollars may also consume precious human resource of supply chain and quality department.

 

Hailey Lynne McKeefry
User Rank
Blogger
Re: cloud solutions
Hailey Lynne McKeefry   1/24/2014 8:29:47 PM
NO RATINGS

@t.alex, i agree that small and mid-sized businesses are a good audience for these kinds of services, as well as larger organizations. The problem is that there is a chicken/egg problem--to get the lower price you need enough customers to make it work. But it's hard to get customers unless its a low price.

Hospice_Houngbo
User Rank
Supply Network Guru
Time saving and more...
Hospice_Houngbo   1/24/2014 8:05:19 PM
NO RATINGS

The benefits of e-sourcing include: - Time saving - Provides a simple format for submitting data online - Faster evaluation process - Clearly defined requirements - More transparent negotiation - Competition for global business...

Hospice_Houngbo
User Rank
Supply Network Guru
Re: cloud solutions
Hospice_Houngbo   1/24/2014 7:55:26 PM
NO RATINGS

@t.alex: E-sourcing can be a more profitable business tool for both the suppliers and vendors when it is well adopted. It can reduce prices by maximizing supplier competition. "Small companies with 10, 20 or fewer professionals can easily manage their knowledge of the sourcing category in one place". http://www.nextlevelpurchasing.com/articles/what-is-esourcing.html

Jacob
User Rank
Supply Network Guru
Re: middle man
Jacob   1/23/2014 11:33:42 PM
NO RATINGS
1 saves

"Is Esourceing a simple way to cut out the middle man in the chain and therefore secure lower pricing?  If so it might place the larger burden of supplier who now has to deal with many more small customers."

Flying scot, when the inventory passes to each layer of middle man a certain percentage of margins are getting adding over the final price. This margin is accounted for middle mans their profit and inventory expenses. So if the dealings are directly between companies and customers, such expenses can be reduce to an extent

Jacob
User Rank
Supply Network Guru
e-procurments
Jacob   1/23/2014 11:22:08 PM
NO RATINGS
1 saves

"End-consumers have been going to online outlets to get best prices and fast shipping for quite a while. Increasingly, procurement organizations are considering e-sourcing as a way to get things done quickly and to get better deals."

You are right Hailey. When information's are available with figure tips, why to waste time and extra money for traditional way of purchase? All the necessary items can be selected and purchased at a special discount with few mouse clicks.

FLYINGSCOT
User Rank
Supply Network Guru
middle man
FLYINGSCOT   1/23/2014 10:11:08 AM
NO RATINGS

Is Esourceing a simple way to cut out the middle man in the chain and therefore secure lower pricing?  If so it might place the larger burden of supplier who now has to deal with many more small customers.

t.alex
User Rank
Supply Network Guru
cloud solutions
t.alex   1/23/2014 9:35:25 AM
NO RATINGS

I believe e-sourcing will grow much more if there are more and more low-cost providers of the solutions on cloud. Small companies can easily participate with lower entry barrier.



More Blogs from Hailey Lynne McKeefry
The line between the Do-It-Yourselfer (DIY) and the true electronics designer is being blurred. Innovation is coming from all over. We wanted to know if the distribution community is ready.
Supply chain sustainability leads to clear benefits to the organization, not only from an environmental perspective, but also in terms of reduced costs and increased customer benefits. However, to reap these benefits, organizations need to make a concerted effort to disseminate the vision throughout the organization.
To really tap in to the value of sustainability efforts across the supply chain, organizations must adopt clear strategies that leverage ethical, economic, social, and environmental concerns.
By focusing on lostics, organizations can improve sustainability.
E-waste recycling is still underutilized. Let's look at the potential for doing better in the future.

Datasheets.com Parts Search

185 million searchable parts
(please enter a part number or hit search to begin)
EBN Dialogue / LIVE CHAT
EBN Dialogue enables you to participate in live chats with notable leaders and luminaries. Open to the entire EBN community of electronics supply chain experts, these conversations see ideas shared, comments made, and questions asked and answered in real time. Listed below are upcoming and archived chats. Stay tuned and join in!
Archived Dialogues
Live Chat 8/20: Supply Chain Trends to Watch for the Rest of 2014
The supply chain hasn't quite reached the complexity of global phenomena like weather. So we've asked Jim O'Reilly to predict trends while answering your questions.
Live Chat 7/24: Effective Channel Management
Joe Alphonse and Tom Howell of Revitas discuss how to implement an effective channel management strategy.
Latest Poll
The Velocity Report Archive
Click here to see our newsletter archive.
EBN Newswire
VÉLIZY-VILLACOUBLAY, FRANCE   7/24/2014
Dassault Systèmes to Acquire Quintiq
THIEF RIVER FALLS, MN   6/26/2014
Digi-Key Employees Advance Education & Employment ...
Twitter Feed
EBN Online Twitter Feed