What tools do buyers use today for e-procurement?
Today, buyers have many e-procurement tools available at their fingertips. Contract managment solutions and RFX and Reverse Auction tools are most commonly used. E-procurement tools can help manage sourcing projects and retain contracts and templates for future use. Source One has collaborated with ThomasNet by providing free Purchasing Tools on ThomasNet.com. These tools provide access to Requests for Proposals (RFPs), Reverse Auction and Contract Management for no fees. Buyers visiting ThomasNet.com can post RFPs and then invite suppliers to bid/respond to their requests. Suppliers visiting ThomasNet.com are able to view and respond to sourcing events at absolutely no cost. Click here to check out some of the public RFPs that are currently posted by buyers on ThomasNet.com. If you are a supplier, make sure you are registered and ready to quote by going to the purchasing tools registration page. Source One is the leading Procurement Service Provider, providing strategic sourcing servi
