Services

Services are a broad sourcing category, including anything from facility and maintenance services to a company's legal counsel and wireless calling plans. The efficient sourcing of services can be extremely difficult to manage because of the customization inherent in a service provider's offerings. And more so than any other category, the buying of services is almost entirely focused on buying value.

Understanding the Value vs. Cost trade-offs of buying services can be extremely challenging. As such, services are an area where Expressive Commerce can be a highly effective strategy for identifying the absolute best mix of providers and services.

CombineNet's Services Sourcing Manager tools, delivered upon CombineNet's ASAP technology, helps organizations achieve the absolute best value from their service providers. Via Expressive Commerce, organizations can express their needs in more detail and encourage service providers to create offers and packages of services that take advantage of their strengths. ASAP's analysis power enables buyers to analyze these customized offers to find the optimal solution, reducing total contract costs and speeding up the sourcing cycle.

Contact us to learn more about our Services Sourcing Managers, or to discuss a custom solution for your services needs.

Print
Optimal

Optimal: A Definition

(1) A solution to an optimization problem which has the minimum (or maximum) value of the objective function.

(2) The time, space, resource, etc. complexity of an algorithm which matches the best known lower bound of a problem.

— Dictionary of Algorithms and Data Structures

  
Site Features»RSS  RSS Feed