E-Sourcing

Sellers sell their products and services to §purchasers through various virtual and physical §channels. These channels facilitate an environment §for buying and selling where purchasers and sellers §can meet to transact commercial activities. In the §traditional retail world, a physical store can be §considered a channel where sellers display their §products and offer customers an environment in which §to look and buy. In the business-to-business (B2B) §world, where one business can deal with thousands of §sellers and transactions, enhanced electronic §channels facilitate such an environment. Business §use multiple procurement processes to procure §through such electronic channels. E-Sourcing is one §of those channels. Its purpose is to provide the §framework to evaluate and implement a strategic §sourcing and or/e-procurement solution.§§This book will analyze E-Sourcing as strategic §process in the procurement and it will explain how E-§Sourcing can help to create well-structured §contracts and implementation plans, which can be §communicated centrally and used to help §Organizations accurately, predict future and §expenditures and levels of saving.