e-Sourcing
This concept discusses the history of e-Sourcing and identifies popular e-Sourcing services, its areas of application, main benefits, and critical issues for all parties involved.
Technique Overview
e-Sourcing Definition
E-Sourcing refers to internet-enabled applications and decision support tools that facilitate interactions between buyers and suppliers through the use of online negotiations, online auctions, reverse auctions and similar tools. E-Sourcing is especially associated with online auctions, which enable prices reductions by introducing the element of competition. They are visible, clearly structured and make the procurement process transparent (Engelbrecht-Wiggans and Katok, 2006).
e-Sourcing Description *
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Business Evidence
Strengths, weaknesses and examples of e-Sourcing *
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Business Application
Implementation, success factors and measures of e-Sourcing *
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Professional Tools
e-Sourcing videos and downloads *
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Further Reading
e-Sourcing web and print resources *
e-Sourcing references (4 of up to 20) *
- Amelinckx, I., Muylle, S., and Lievens, A. (2008) Extending electronic sourcing theory: An exploratory study of electronic reverse auction outcomes. Electronic Commerce Research and Applications, Vol. 7(1), pp.119-133.
- Bartezzaghi, E. and Ronchi, S. (2005) E-sourcing in a buyer-operator-seller perspective: Benefits and criticalities. Production Planning & Control, Vol. 16(4), pp.405-412.
- Bush, D. (2007) Issues on e-Sourcing: Adoption and Penetration. In M.Lamoureux, ed. (2008) The e-Sourcing Handbook: A Modern Guide to Supply and Spend Management Success. Iasta Publishing.
- BuyIT & CIPS: e-Sourcing. A BuyIT e-Procurement best practice guideline.
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