This white paper describes strategic sourcing and reverse auctions within the context of buy-side commerce. Starting with a quick analysis of the strategic sourcing market, the paper then examines the main processes of strategic sourcing and the main features of online reverse auctions. It also discusses the vital role an IBM WebSphere Commerce software-based strategic sourcing and e-procurement solution, such as ezMarket from IBM Business Partner Digital Union, can play in helping your organization reduce spend and increase operational efficiencies.
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