July 7, 2017
Here's a look at where Source One's cost reduction experts have been featured this week!RECENT BLOGS:
The Live Negotiation Part 1: Should You Run an Auction?
Kristina Kaku, 6/30/2017
Traditional procurement practices are being reinvented with the introduction of new tools thanks to developments in technology, and these opportunities can offer specific benefits that previous approaches can not. It is important to evaluate the many features associated with these new tools that can not be done manually, in which case the technology route may be your best option. These Live Auctions (eAuctions) allow suppliers to see competitive pricing, providing visibility and insights for bidders that isn't available through traditional sourcing practices. In this post, Source One Project Analyst Kristina Kaku evaluates the eAuction feature available through these sourcing tools and provides important factors to consider when deciding if an eAuction is best for the category you're sourcing.
In the beginning of June, spend management experts from Source One joined our partner Corporate United as they headed out on the Road to SYNERGY. The first stop was in Baltimore, Maryland, where local industry professionals were invited to attend an exclusive one-day conference to meet with other industry experts in the industry. The day includes engaging workshops, informative presentations, and educational speeches from supply chain, procurement and sourcing leaders. The Road to SYNERGY will only be stopping in select regional areas across the U.S, so don't miss your chance to participate in these events. The next one-day conference will be in Dallas, TX on August 15th. Members of the CU community are invited to register now to guarantee their attendance now.