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Examples
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Dynamic pricing is most often used in the liquidation of surplus inventories and for e-sourcing.
Capitalistic Musings Samuel Vaknin
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The bidding engine and e-sourcing tools within SAP software support employees in decision-making by making purchasing histories readily available, expediting requisition processes, and integrating tracking of purchase and work orders along with their respective cost centers.
Arizona's SRP Powers Business Transformation With SAP - Yahoo! Finance 2011
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"As we became more experienced with e-sourcing we were looking for the ability to include a number of variables in our sourcing process and be a bit more creative with our sourcing," says Rob Hemsley, director of U.K.
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Novation of Irving, texas is not the typical e-sourcing technology user-it doesn't actually buy anything.
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In June 2006, Novation implemented e-sourcing software from Procuri and has used Procuri to negotiate its contracts for everything from pharmaceuticals to gauze pads throughout 2007.
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Challenge: Moving from e-sourcing tool to broader supply chain suite for its global organization Functionality: Supplier self-registration, project management and workflow tools
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Overview: In order to take advantage of the cost savings that e-sourcing solutions offer, large organizations will have to transform their procurement functions 'core competency from sourcing management to information management.
BNET Articles 2010
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"We realized that Ariba could be a partner that would provide a number of things for us in the supply chain department, not just provide an e-sourcing tool, but rather more widespread technology and services."
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Overview: In order to take advantage of the cost savings that e-sourcing solutions offer, large organizations will have to transform their procurement functions 'core competency from sourcing management to information management.
BNET Articles 2010
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Summing it up: "As we became more experienced with e-sourcing we were looking for the ability to include a number of variables in our sourcing process and be a bit more creative with our sourcing."
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