Essentials of E-Sourcing: A Practical Guide for Managing the RFX Process in an E Environment

Author(s):

Mary D. Lewis
Mary D. Lewis, Director, Procurement, Sprint Corporation, Overland Park Kansas, 913-794-8740 -- mary.lewis@mail.sprint.com

89th Annual International Conference Proceedings - 2004 - Philadelphia, PA

Abstract

Many companies are discovering the advantages of an eSourcing tool. It can reduce process time, provide a more available library of RFx documents, generate sourcing savings, and in some instances, drive incremental revenue . However, by not understanding some of the issues involved in implementing an eSourcing tool and managing RFxs in the new “e” environment, some companies may not realize the full potential of the tool. Worse, they may have wasted money by purchasing a tool that is used ineffectively or not used at all.