When in doubt, collaborate!

April 16th, 2014

Have you thought lately about the concept of the whole being greater than the sum of its parts?

Today’s post is by Steve Schwerin, Account Manager here at SafeSourcing

Have you shied away from eProcurement because either you don’t think an individual spend is large enough to make a difference or you don’t want to go it alone?  The old saying about the whole being greater than the sum of its parts has a role even in eProcurement.  Take a second and think about how this concept could help you find savings in procurement.

  1. For one, coordinated effort leads to the benefits of scale.  SafeSourcing regularly runs events where multiple customers reap the benefits of going to market with a combined larger spend.
  2. Another benefit is that working together offers different things do different companies in different proportions.  Your company may not be buying all the exact items as your partner, but combined the similar items give a vendor the opportunity to offer greater savings to you both than otherwise viable.
  3. Collaborating may be exactly what has kept you from seeking different procurement solutions in the first place.  The benefits of working with others may go beyond the simple numbers you initially calculate.  Collaborating in and of itself might be a new procurement strategy, but you may still need a tool and expertise to facilitate the process.
  4. Finally, if you are concerned about an impersonal solution, time is revealing that the internet and electronic solutions are anything but impersonal.  They are different and they let us interact in ways that were not possible before due to communication and time barriers

We, here at SafeSourcing, would love to talk to you about how you can collaborate with your partners to all benefit more than you would if you were going it alone.  For more information on how we can help you with your procurement needs or on our “Risk Free” trial program, please contact a SafeSourcing Customer Service Representative or call  888-261-9070 today.  We have an entire customer services team waiting to assist you today.

We look forward to your comments.

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