Define and elaborate on e-sourcing

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Reference no: EM132308581

E-Sourcing has become a key procurement tool, allowing companies to connect, screen and shortlist suppliers, irrespective of whether they are present at the same location or at the same time – often allowing category managers to secure better outcomes than from traditional negotiations.

(a) Define and elaborate on e-Sourcing.

(b) Describe any THREE (3) advantages of the company in e-Sourcing.

Reference no: EM132308581

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