eSourcing is the use of secure web-based collaborative tools to conduct the strategic activities of the procurement process online. These strategic activities include requirements definition (eRFI), tendering (eRFP), negotiation (eAuction), award and contract management (eContract).
Today, eSourcing applications have become an integral part of the professional buyer’s toolbox. It is therefore important that a buyer gets to know the do’s and dont’s of the process and clearly understands the benefits that eSourcing can bring to an organisation.
Please have a look at some video samples of our eSourcing courses from Procurement Academy’s Youtube channel: