What can you take to market with e-Procurement?
Today’s Post is by Eli Razov, SafeSourcing Account Manager.
What can you take to market with e-Procurement? The answer is quite simple, anything you want! I was talking with a friend recently that owns a roofing company. We were just discussing work and the question came up, “do you have any way of sourcing fleet trucks?” I responded with yes we can. We have recently run a Truck Lease event saving our client over 11% based on previous year leases. This grabbed his interest and he began asking a lot more questions. What about supplies, shingles, equipment? The answer of course is yes to all. If you purchase it, we can source it. What started as simple small talk blossomed into a full blown discussion on what we could do to help his business? With our extensive vendor and supplier database we can find the right people for what he needs. We went over a few categories including supplies and equipment. Based on what he spends now, and the size of his company, we could potentially save him over 23% just on his supplies alone, compared to previous events we have run.
He asked so what is the difference from him just calling all the vendors to get the quotes himself and using an e-Procurement tool such as ours? That can be answered a couple of ways. To begin with, as previously mentioned, we have an extensive vendor list of over five hundred thousand companies for many different categories to which we are constantly adding more. Secondly, by inviting these different companies to participate in a “Live Event” it brings out the competitive nature in companies to want to be the best and offer the best pricing. So by hosting these events, it shows vendors their price, and if they have the lowest quote, gives them the ability to lower their price. Additionally, we do all of the leg work contacting vendors, building specification documents, gathering pricing and giving full event reports. We handle it all, making the procurement easier and less expensive. On top of that, he has time to work on his business while making it grow without the extra headache of expenses. Needless to say, we will be looking to help him in the near future with all of his procurement needs.
For more information on how SafeSourcing can assist you or on our “Risk Free” trial program, please contact a SafeSourcing Representative we have an entire team waiting to assist you today.