Lapasar
Sourcing & Suppliers

E-sourcing

Also known as: Electronic sourcing

E-sourcing is the use of online tools to run sourcing activities such as RFIs, RFQs, RFPs and auctions electronically.

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E-sourcing digitises the front end of procurement: issuing requests, collecting supplier responses, comparing bids and running events like reverse auctions, all within one platform. It replaces email chains and spreadsheets with structured, comparable data and a built-in audit trail.

The benefits are speed, transparency and better analysis — buyers can compare like-for-like responses, score them against criteria and document decisions. E-sourcing is the sourcing complement to e-procurement, which handles the ordering, receiving and payment stages downstream.

Frequently asked questions

What is e-sourcing?
E-sourcing is running sourcing activities — RFIs, RFQs, RFPs and auctions — through online tools, replacing manual email and spreadsheet processes with structured, comparable and auditable data.
What is the difference between e-sourcing and e-procurement?
E-sourcing covers the upstream activities of finding and selecting suppliers, while e-procurement covers the downstream ordering, receiving and payment of goods and services.

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