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eSourcing coordinates the sourcing process

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Presentation on theme: "eSourcing coordinates the sourcing process"— Presentation transcript:

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2 eSourcing coordinates the sourcing process
What is eSourcing? Web-based application Facilitates interaction between buyers and sellers eSourcing coordinates the sourcing process

3 eSourcing coordinates the sourcing process
What is eSourcing? Request for Proposal (RFP) Price Discovery (eAuction) Request for Information (RFI) Supplier Selection Supplier Management Contract Negotiations eSourcing coordinates the sourcing process

4 What is eSourcing? Online Responses Online Q&A Forum Real-time Bidding
Request for Proposal (RFP) Price Discovery (eAuction) Request for Information (RFI) Supplier Selection Real-time Bidding “eBay in Reverse” Anonymous Scoring and selection

5 Supports all aspects of the sourcing decision
RFI RFP Supplier attributes Assurance of supply Service Quality Innovation Regulatory Requirements Cost eAuction Scoring and selection

6 Key benefits to suppliers
Consistent Process Consistent Information Saves Time Market Placement

7 Time to Stand Out: Responding to an RFI or RFP
Take advantage of the tools and process Highlight your unique characteristics Ask questions Be clear and concise Develop your understanding of KP’s needs and wants

8 Time to Stand Out: Bidding in an eAuction
Why bother? Low price doesn’t necessarily win the business You gain valuable market information

9 Time to Stand Out: Final Thoughts
Fully participate in the process Distinguish Yourself Be Flexible


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