E-Sourcing Forum » e-Sourcing From the Client View

e-Sourcing From the Client View

March 14th, 2006 at 09:41am David Bush - Iasta

I got my latest copy of European Leaders in Procurement last week and I must commend Mark Perera, as the publication is relatively new but very well done and extremely high quality.

This issue featured an editorial about e-Sourcing software from Dennis de Jong, SVP of Global Procurement, ABN Amro Bank in Amsterdam.

Mr. de Jong makes excellent points about how companies lose focus of the benefits of e-Sourcing tools beyond the occasional e-auction. The amazing thing is that the occasional e-auction still drives ROI high enough for many companies to justify the license expense of a software package but there is so much more behind the curtain that is untapped.

He mentions points that I repeat constantly such as: knowledge transfer, collaboration, speed/efficiency, and assistance with Sarbox compliance. He also brings up some interesting concepts of how these tools are meant to support and make purchasing teams more effective, not impinge on their value to the company.

Interestingly, this topic is very relevant to the Iasta e-Sourcing Benchmark survey that was conducted recently. Our report findings will be released very soon and match very consistently with Mr. de Jong’s ideas. Check back as I will soon be covering some of our conclusions on E-Sourcing Forum.

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Entry Filed under: Functionality, General, Supply Management Best Practices, e-Sourcing Marketplace

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