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Attack the Gaps in Your Sourcing Toolkit with an Advanced Sourcing Solution

To achieve the next level of spend under management and cost reductions, leading companies are adopting a more advanced, strategic sourcing solutions, like that offered by CombineNet ASAP, to augment their existing technology investments.

By ·
By · December 5, 2010

Spend Under Management with General Sourcing Suites

“Spend under management” is often defined as spend that is identified, sourced, and managed by a centralized or center-led team using a variety of e-sourcing technologies. By capturing more spend under management, companies gain the benefits of better organizational visibility into what is being spent, for what, and with whom. In addition to identifying cost savings opportunities, capturing more spend under management enables better efficiency, productivity, and predictability within an organization’s sourcing and procurement activities.

Beginning in the late 1990s, e-sourcing technologies emerged to assist with this process, initially finding traction within large organizations, with slower adoption amongst small and mid-sized companies. Successful providers here, based on market share today, include SAP, Ariba, and Emptoris. Those vendors, and others, offer customers a variety of solution components in addition to basic e-sourcing, including spend analysis, contract management, and supplier performance management, often delivered as a solution suite.

To learn more about Spend under management simply fill-out the information below and download our FREE White Paper.


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Latest Whitepaper
Third Party Risk: Too Close for Comfort
You’ve got a handle on many of the potential supply chain "disrupters" that can paralyze your business. But the real risk is embedded in areas you may have overlooked.
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From the December 2017
This is a comprehensive guide to services, products and educational opportunities targeted specifically to supply chain professionals. As with years past, we’re also featuring several articles we trust will offer food for thought in your supply chain throughout the coming year.
Transportation Trends: The last mile, history repeating
Economic Outlook: A Complex and Uneven Scenario for Global Supply Chains
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Latest Webcast
The Perfect Formula for Determining the Right Amount of Inventory
This webcast explains how the science of theoretical minimums, a new approach to inventory optimization, provides a simple and elegant way to reduce cost and increase customer service levels by monetizing time delays across the extended supply chain.
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