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What is E-Procurement & Supply. It can be as much of the mumbo jumbo that exists around this topic as you wish to take in. Still not sure, well let us try and explore the opportunities that exist when the procurement and supply function meets technology.

 
 

Traditional means of procurement will be characterised by strategy development, supplier sourcing, selection and evaluation, tendering, contract awarding and ultimately a transaction and delivery process for the goods or services being procured and a payment process between you and your supplier.

How does the introduction of technology change the process?
The real answer is that it doesn’t but what it does do is utilise the latest internet and systems technologies to make your whole procurement and supply cycle far more dynamic, transparent, efficient and time responsive. You are able, through existing and evolving technologies to dispense with traditional and procurement supply practices. This can be as varied as using sourcing techniques like thumbing through a Kompass product locator or carrying out a paper based tender process. Moving to e-tendering and e-sourcing or to such things as e-enabling the purchase order and payment cycle fosters the power of technology.

Technology will deliver direct cost savings and process efficiencies and the answer on what e-procurement and supply is, we hope is now clear.

Specifically what can RESCU Solutions offer?
Initially it’s an open discussion around your procurement strategy, which will help us develop a clear and concise understanding of the opportunities that exist to use technology. We will help you deliver additional benefits with greater speed and efficiency, be it cost or process. With our experience and that of our “e” Supply Partners we bring you the following solutions:

e-auctions (or reverse auctions)
e-enable the supply process

Winning companies are embracing these e-solutions and making a difference
To find out more about e-procurement initiatives from RESCU Solutions please contact consultancy@rescu-solutions.co.uk

 
     
Hookson
 
 
 
 
Maximise the use of technology to drive innovation.
 
 
More than half of all UK firms buy goods and services on-line.
 
 
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