EC Sourcing Group, Inc.
EC Sourcing Group offers robust yet easy to use technology for today’s strategic sourcing & procurement professional. Its technology stack covers E-Sourcing, Bid-Scenario Optimization, Project Management & Intelligence, Contract Management, Supplier Management, and Analytics.
Continued Growth & Innovation – Founded in 2001, EC Sourcing Group has grown over 300% in the last 5 years and continues to drive innovation within the discipline of e-sourcing.
Specialized Expertise – Comprised of former Fortune 500 industry sourcing practitioners and leaders from specialty procurement firms.
Flexibility & Ease of Use – EC Sourcing Group’s solution has been heralded by leading analyst research firms, buyers, and even suppliers for its flexibility and practical ease of use.
Deep Industry & Category Coverage – EC Sourcing Group’s solutions have been applied to almost every industry and have covered an array of global indirect & direct category projects.
Training & Implementation – EC Sourcing Group’s approach to implementation and onboarding makes it real for its client partners in that it uses actual projects for 1:1 training versus hypothetical and canned content delivered en masse to the entire group at once.
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50 to Know / 50 to Watch / Future 5
In Their Own Words: EC Sourcing Group, Inc.
EC Sourcing Group offers robust yet easy to use technology for today’s strategic sourcing & procurement professional. Its technology stack covers E-Sourcing, Bid-Scenario Optimization, Project Management & Intelligence, Contract Management, Supplier Management, and Analytics.
EC’s solutions serve a multitude of familiar brand names and are aligned to most industry segments including but not limited to Manufacturing & CPG, Holding Companies, Healthcare, Construction & Mining, Financial Services, Insurance, & Banking, Retail, Restaurant, and Distribution, Technology & Business Services, and the Public Sector.
Continued Growth & Innovation – Founded in 2001, EC Sourcing Group has grown over 300% in the last 5 years and continues to drive innovation within the discipline of e-sourcing.
Specialized Expertise – Comprised of former Fortune 500 industry sourcing practitioners and leaders from specialty procurement firms.
Flexibility & Ease of Use – EC Sourcing Group’s solution has been heralded by leading analyst research firms, buyers, and even suppliers for its flexibility and practical ease of use.
Deep Industry & Category Coverage – EC Sourcing Group’s solutions have been applied to almost every industry and have covered an array of global indirect & direct category projects.
Training & Implementation – EC Sourcing Group’s approach to implementation and onboarding makes it real for its client partners in that it uses actual projects for 1:1 training versus hypothetical and canned content delivered en masse to the entire group at once.
Reporting frequently leveraged by our clients within the solution include but are not limited to:
– Custom Reports – Available by any and all dimensions in system
– Scorecard report
– Questions with answers report
– Questions with no answers report (pre-launch of event typically)
– Team scoring status report
– Team scoring summary report
– Baseline data report
– Summary of savings report
– Savings by dimensions report (dimension vary per client)
– Item detail reports by supplier
– Item detailed report for auctions
– Analysis reporting for supplier responses
– Analysis reporting for bid options
– Analysis reporting for comparing bids across multiple rounds
– Supplier feedback reporting
– Basket savings report (for basket or lot level bids)
– Response status report
– Supplier action reports (accessing bid, responding, data changes, etc.)
– User list reporting
– Dashboard functionality based on above and other reports