E-Sourcing is a faster, more transparent and fairer way of facilitating tenders and conducting negotiations. Founded on a web-based platform, e-sourcing ensures smooth and clear communication.
e-Sourcing is the process of obtaining bids from different suppliers via a online portal. Each suppliers will be given user name and password
Suppliers get the possibility of improving their quotes based on market feedback (e.g. rank in negotiation/ comparing other supplier quotes) and are considered to be the most transparent way of conducting negotiations.
|
