Avoiding the Potholes on the E-Sourcing Highway: Understanding and Evaluating E-Sourcing Solutions
Kent Godfrey, Chairman and CEO, Frictionless Commerce, 400 Technology Square, 9th Floor, Cambridge, MA 02139, 617.495.0180, Kgodfrey@frictionless.com
87th Annual International Conference Proceedings - 2002 - San Francisco, CA
Companies are feeling the pressure to rein in costs. Traditionally, they have looked to technology, implementing tools like sales force automation, etc. However, few have successfully applied automation technology to purchasing. Even though purchasing departments often oversee millions, if not billions of dollars, they have had no automation tools available to them to effectively manage processes or reduce costs. This is changing. e- Sourcing software solutions designed for purchasing departments can dramatically improve efficiencies and save companies money—all while making purchasing managers’ jobs easier. So what do you need to look for in an e-sourcing solution, and what results can you expect?