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5 Resources to Grow Your Sourcing Activity

Posted by Teresa Yost on Mar 24, 2016 8:00:00 AM

We all get so busy in our day to day activities that on occasion we forget about the additional resources available to us to assist in developing strategies and increasing the output of sourcing activity.  Here are some practical resources that can easily be incorporated into your process.

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Topics: Motivational, Project Management

Sourcing Services: Creating the simple out of the complex

Posted by Lindsay Bernacchi on Jan 14, 2016 8:00:00 AM

As a sourcing professional, your needs are simple. You need to find the best value available to you today. Getting there may not be so simple. That’s where I come in.

Providing professional services for a full-service eSourcing organization means I wear many different hats – working with any number of different sourcing and procurement professionals on a variety of different categories. When we partner with a new customer or department there’s always a question of what exactly they should expect from the professional services team here at Intesource. So, here’s a glimpse into a day in my life.

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Topics: A Day in the Life, e-Sourcing Strategy, Project Management

Sourcing and the Cost Avoidance Conundrum

Posted by Teresa Yost on Aug 27, 2015 7:30:00 AM

Cost avoidance seems to be the hot topic lately according to a recent survey.  86% of the sourcing professionals surveyed said this subject has been an area of discussion.  As sourcing programs mature, many sourcing and procurement professionals are asking how other companies define cost avoidance and how it’s calculated.  As an account manager at Intesource, a PROACTIS company, I get asked these same questions quite often. 

Defining cost avoidance is very important to a sourcing team when they’re responsible for securing the best overall programs for their organization.  In some cases the cost avoidance gain is factored into a companies’ annual budget.

To shed a little light on the importance of cost avoidance, I decided to survey several retail sourcing managers with established procurement programs to provide their insight.

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Topics: e-Sourcing Best Practices, e-Sourcing Strategy, Project Management

6 Ways to Kick-off Your eSourcing Program Right

Posted by Jason Heffelfinger on Aug 6, 2015 7:00:00 AM

The stage has been set.  You have completed a proof of concept that included a few wildly successful e-auctions and determined that there is great value in implementing an eSourcing program at your company.  So what’s next? 

How do we keep the momentum we just generated with three money saving bids? 
How do we expand it throughout the company? 
How do we keep an eSourcing program sustainable? 

I am glad you asked.  Let’s look at the following things your organization can do in order to get off on the right foot:

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Topics: e-Sourcing Best Practices, Project Management

Product Enhancement Requests: How Technology Ideas Are Brought to Life

Posted by Camise McNichols on Jul 28, 2015 8:30:00 AM

“The value of an idea lies in the using of it.” –Thomas Edison

Ever wonder what happens to your enhancements once they are submitted to Intesource? Or how your idea grows from a mere seed into sequoia - or maybe just a normal sized pine tree, or cactus....

Technology is constantly being modified because of innovation and evolution to stay compatible with reliant or supportive technologies - all intertwined in this crazy large matrix of 1s and 0s.

Impact and reach are key variables that are considered when moving an enhancement request into development (bringing to life). To give you an example of the impact an idea/product enhancement can have, I’ll use iOS (Apple’s mobile operating system):

Soon after updating to a new release of the iPhone operating system (OS), the app store icon floods with update notifications (Amazon, Yelp, Facebook, Chrome, Instagram, Southwest Airlines, your mobile banking application, etc.). Which, if you are like me, must be handled immediately to clear said red alert notification from view. Point being – one update/enhancement impacts various other applications – which in turn released their own update – to ensure compatibility and provide the best user experience for the consumer. 

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Topics: e-Sourcing Best Practices, Product Enhancement, Enhancement Requests, Technology, Project Management