Embedded Systems Conference

Exploring the E-Sourcing Advantage

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_hm
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Supply Network Guru
Quality Quality Quality
_hm   1/25/2014 7:46:29 AM
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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
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Blogger
Re: cloud solutions
Hailey Lynne McKeefry   1/24/2014 8:29:47 PM
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@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
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Supply Network Guru
Time saving and more...
Hospice_Houngbo   1/24/2014 8:05:19 PM
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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
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Supply Network Guru
Re: cloud solutions
Hospice_Houngbo   1/24/2014 7:55:26 PM
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@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
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Supply Network Guru
Re: middle man
Jacob   1/23/2014 11:33:42 PM
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"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
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Supply Network Guru
e-procurments
Jacob   1/23/2014 11:22:08 PM
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"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
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Supply Network Guru
middle man
FLYINGSCOT   1/23/2014 10:11:08 AM
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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
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Supply Network Guru
cloud solutions
t.alex   1/23/2014 9:35:25 AM
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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.



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