What kind of savings might we expect?
Today’s re-post was written by me in 2013 and may even be more appropriate in todays current environment than it was then.
We are regularly asked to comment on a variety of categories by our customers, prospects and suppliers from the 427,000 member SafeSourceIt Supplier Database and SafeSourcing’s daily blog readers. These questions normally occur during the course of the discovery or value assessment phase we conduct with companies with which we do business. The questions vary, but generally have to do with SafeSourcing’s experience with a particular category (in this case, construction) or our impression of successes or failures within that category; when using today’s modern eProcurement tools such as online RFIs, RFPs and RFQs. RFQs are typically called Reverse Auctions and many times are the end result or final step of a much longer and more detailed sourcing process. While the focus is on more than just price, quite often the first question we get is what kind of savings might we expect?
The goal of this Construction Sourcing with eProcurement Tools white paper is to share a historical perspective, both positive and otherwise, relative to the use of these tools in the construction space from a variety of sources, as well as SafeSourcing’s specific experience with our own customers.
If you’d like to learn more about the many categories discussed in Construction Sourcing with eProcurement Tools please call Ron a 480-773-7524 or contact a SafeSourcing customer services account manager.
We look forward to and appreciate your comments.