Author(s):
Richard Waugh
Richard Waugh, Executive Vice President & Co-Founder, B2eMarkets, Inc.
Aaron Dent
Aaron Dent, Director, Strategic Sourcing & B2B eCommerce, Delta Air Lines, Inc.
According to recent analyst research, purchasing executives plan to buy almost 50 percent of their direct materials online by 2002. Many companies have realized single event-based savings already through reverse auctions, but Strategic eSourcing offers far more. Enterprises can further streamline their supply chain and sustainable cost savings by developing, institutionalizing, and executing world-class sourcing processes.