ComEd is preparing for a major change in the way it buys electricity. An article written by MARY WISNIEWSKI, Business Reporter -Chicago Sun-Times – USA – April 6, 2006. Under the 1997 Illinois Restructuring Act, intended to move the state to a deregulated market for electricity next year, electric utilities sold most of their power [...]
www.international-business-contact.com Promotes the Establishment of Business Contacts Worldwide Without Language Barriers. An article found on PRNewswire – Germany, April 11 /2006 There’s good news for all businesses that wish to expand their reach and internationalize their activities. A unique B2B contact service is now available at www.international-business-contact.com that enables even SMEs to become global players, [...]
Emptoris acquires diCarta Inc. and Gets Serious About Compliance. An Article written by Jeff Moad, MA Editorial Staff – Posted on Wednesday, April 12, 2006 Emptoris Inc.’s acquisition this week of diCarta Inc. will allow Emptoris to more rapidly integrate compliance management features into its supply management software suite, according to President and CEO Avner [...]
An Article written by CAPS Research in 2003 concluding that Reverse auction is a very efficient tool to source goods and services that are highly standardized, have sufficient spend volume, and have insignificant switching costs. In the mid-1990s, a new electronic sourcing tool emerged that has had, and is continuing to have, a profound impact [...]
If yes, you should read “Making E-sourcing Strategic”. An Aberdeen’s 2002 global research report on e-Sourcing, to help professional buyers adopting best practices in e-Sourcing. It includes E-sourcing provider profiles. Purpose of the Report This report is intended to help procurement professionals, corporate executives, IT managers, consultants, and relevant e-sourcing application and service providers achieve [...]
ESA is willing to support SMEs in the Satcom Sector. An article pubished by CNW, April 10th 2006 In order to help Small and Medium Enterprises (SME) enter the Satcom (satellite communications) sector, the European Space Agency’s Telecommunications Department has launched a new round of the Start-Up Projects Initiative on 10th April 2006. Five rounds [...]
A MUST read if you are dealing with Public bodies: ” the requirements for conducting public procurement using electronic means under the new public procurement directives”. The European Commission has published a document that explains and interprets the rules on electronic public procurement (e-procurement) that are part of the new public procurement Directives (2004/18/EC and [...]
In the article ‘Reverse auctions become more strategic for buyers’, published in December 8, 2005 by James Carbone, fromPurchasing.com, you will learn that Reverse Auctions are sometimes providing more value than savings: market intelligence. About five years ago, many electronics companies began using reverse auctions as a way to get a better price for parts [...]
Reverse auctions can generate significant savings if suitable., but do you know how much and what commodities to consider? Here are links to articles mentioning saving results with reverse auctions. Typical savings for Direct commodities range from8-23% and Indirects from 9-45% How a reverse auction saved the MoD over 65% | UK – 2003 – [...]
NowEurope | Reporting on IT innovation in central Europe The nowEurope website receives support from the European Commission as part of the NETIES project. NETIES stands for: NETworking for Innovation and knowledge Economy among SMEs in the new member states. General objective The overall project objective is improving SME participation and success rates in the [...]
Clothing industry: Reverse Auctions sharpen competition . An Article written by Steve Hirsch – International Trade Forum – Issue 3/2005 Steve Hirsch is a Washington-based freelance journalist, writer and editor specializing in international news. He is the former Editor-in-Chief of UN Wire. Reverse Internet auctions put clothing manufacturers in competition with one another to offer [...]
Useful links for UK SMEs The following links are provided by SMALLBUSINESS | EUROPE. smallbusiness|europe aims to support the involvement of UK small and medium sized enterprises (SMEs) in EU policy making. smallbusiness|europe do so by facilitating dialogue and information flows between the UK SME community and EU officials and politicians. European SME representative organisations [...]
A compelling report from AberdeenGroup © 2004 – 68 pages, where the 10 best sourcing practices are explained and analysed. Aberdeen identified 10 practices that were common among the enterprises negotiating and sustaining the most value through e-sourcing: 1. Adopt and validate best-in-class strategic sourcing procedures before investing in e-sourcing technologies. 2. Ensure proper executive [...]
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