Abstract
This chapter introduces electronic sourcing suites, which consist of an integrated set of modules, all aimed to make the work of supply management professionals easier. The potential of electronic sourcing suites is tremendous, affording buying organizations to see the “big picture” of what is going on. With online reverse auctions representing one of these modules, other modules include spend analysis, supplier performance measurement and management, and contract management and compliance. More operational modules include requisition management, purchase order management, catalogue management, and invoice management. Capabilities of each of these modules are discussed in this chapter. I will conclude with an overview of the electronic sourcing suite provider landscape.
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Schoenherr, T. (2019). Becoming Mainstream: Electronic Sourcing Suites. In: The Evolution of Electronic Procurement. Palgrave Pivot, Cham. https://doi.org/10.1007/978-3-319-93985-8_6
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DOI: https://doi.org/10.1007/978-3-319-93985-8_6
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