eWorld Day 1 - London Sourcing

February 21st, 2007 at 02:16am Sean Delaney - Iasta UK

First Day of eWorld Feb 2007 and the market has changed yet again! It seems delegates truly think auctions are soooo last year. eRFx is for beginners and optimisation is first school mathematics!

Well I exaggerate to make a point but in truth it is great. The benefits of eSourcing are not longer about just product savings by event. We have gone past that point and procurement managers are benefiting far more from the process savings. More crucially it seems that this message is feeding through to much more senior levels of management.

The interest in Spend Analysis is really encouraging and this is further emphasised by the level of positive feedback from the Kalido presentation on Data Warehousing. The benefits of managing information are definitely coming into focus however there still remains the issue of communicating these benefits to those individuals divorced from the detail (so are we back to where eSourcing was 5 years ago?)

So the mere fact that procurement now feel empowered to investigate this area further is a real water shed and is clear evidence to the progress that has been made in the eSourcing market place.

Another noticeable interest is regarding contract management. Again a real shift change here with a much higher level of understanding.

Well here’s to Day 2 and if you want to come along its still not too late. Just turn up and register – its well worth a days visit!

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Entry Filed under: Functionality, General, Technology / SaaS, e-Sourcing Marketplace