web3

POWER COST SAVINGS AND EFFICIENCY GAINS WITH eSOURCING

web3 eSourcing offers both online tendering and auction capabilities. Its powerful, highly intuitive toolset can drive best value and optimise your strategic sourcing outcomes. Utilising the eSourcing portal, organisations can source electronically and remove paper, process time, complexity and manual overhead from supplier negotiations, and achieve a consistent process for driving significant savings across categories. 

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eSourcing benefits at a glance

In our customer’s words

See how web3 eSourcing has transformed our clients’ sourcing processes to deliver efficiency, transparency and cost savings.

Britvic

Martin Tandy, Senior Procurement Manager at Britvic, discusses the benefits of using Wax Digital’s web3 eSourcing solution:

  • Simple user interface has driven adoption
  • More efficient and quicker to use than previous system
  • More transparency on eSourcing event outcomes

Manchester Airport Group

Richard Ainley, Compliance and Governance Procurement Team at Manchester Airport Group talks about using Wax Digital web3 eSourcing:

  • Ease of use for buyers
  • Visibility for stakeholders
  • Supplier compliance

“Before, it took Belron UK Ltd at least three months to run a tender from end to end, but we’ve reduced this to just a month with web3 eTendering, part of sourcing module.”

Neil Woodyet, Senior Buyer – Dealers & Indirect Goods & Services, Belron UK Ltd

Belron

  • What is eSourcing

    New to the term e Sourcing, also known as electronic sourcing, or need to refresh your memory? Here’s our explanation of the term.

    Electronic Sourcing, or as it’s more commonly known e Sourcing, refers to the online platform buyers use to facilitate supplier selections, negotiations, auctions or similar activities with suppliers, in order to streamline their procurement processes. An electronic sourcing systems offer online tendering and auction capabilities, whist storing essential supplier information that can be passed into other procurement or finance systems, in order to assist buyers in selecting the right suppliers, driving cost savings and efficiency from supply chains.

    eSourcing Process

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