SourceDay Blog

Worker Scanning Package In Warehouse

Drawing the Line between Direct and Indirect Spend

SourceDay

We often get asked by people not familiar with our industry the difference between indirect and direct spend or, more specifically, the difference between an indirect procurement management system and a direct procurement management system and how the two impact a business. The generally accepted difference between direct and indirect spend is that direct spend …

Read More

SourceDay BG pipes

SourceDay, Supplier Collaboration, and EDI

SourceDay

We often get asked how SourceDay, a supplier portal, and EDI solutions compare. It’s a great question. EDI has been around for a long time and is a great way for businesses to transfer electronic data files between systems without human involvement. How SourceDay and EDI Compare? As we mentioned in a previous blog, EDI …

Read More

buyers

What to Know When Choosing an EDI Solution

SourceDay

We run into many companies who are interested in implementing an EDI tool or are already using EDI and “don’t have supplier pain”. Although there are valid reasons to adopt an EDI solution, before you take the plunge, there are a few things you ought to know. EDI, at its core, is data transformation between …

Read More

Is your ERP System battling an ‘evil counterpart’?

SourceDay

In the TV series ‘Counterpart’, actor JK Simmons plays an administrative UN employee who is shocked to discover that during the Cold War, a doorway to a parallel dimension was opened up. In this parallel dimension, each person – himself included – has a duplicate living out an alternate life based on circumstances set in …

Read More

Make the Move to Mobile Technology

SourceDay

In a recent post, we discussed some important considerations for companies to address early on in the process of implementing a mobile technology program. These considerations include program objectives, the devices themselves, the environment they will be used in, the benefits to manufacturers, and the implications for suppliers. If there is an additional factor that …

Read More

Can Your Company Survive Without Communication?

Can Your Company Survive Without Communication?

SourceDay

Communication is important. It’s safe to say that’s an understatement in any industry. Consider this, The Society for Human Resource Management estimates poor communication costs larger companies (100,000 employees or more) up to $62.4 million annually. Smaller companies (100 employees or less) average losses in the amount of $420,000 per year. Even though our communication tools are …

Read More