Sunday, 25 January 2015

SRM and eAuctions - two peas in a pod?

My time in procurement has been interlinked quite strongly with the rise web 2.0 as a powerful business tool and an advance in technological solutions, some of which are shaping the way procurement functions around the globe operate on a day to day basis.

I will be blogging over the next few weeks and months on my observations and thoughts on a wide array of procurement technologies, both how they are currently utilized and how they will continue to develop over the coming years.

To start off this blogging exercise I will be covering e-auctions and specifically the link between e-auctions and successful supplier relationship management (SRM), an association seen on both the buyer and supplier side seen as highly paradoxical. It’s easy to see why. A common view, from the supplier side, is that eAuctions are a highly aggressive sourcing technique devoid of any (or limited at best) human interaction. SRM on the other hand is still viewed with a modicum of suspicion by procurement professionals who view long term relationships as areas of untapped opportunities for savings rather than an effective tool for achieving long term value.

On closer inspection however the two tools can make for happy bedfellows.  A core part of the success of SRM involves an element of trust, openness and transparency. The openness and transparency should ensure there are no surprises for either party involved and that includes the ongoing assurance of the commercial competitiveness of whatever good or service is being purchased. This in turn generates trust, both for the buyer and the supplier, that the goods or services will not be retendered without prior discussion.

The underlying commercial structure of an account is not the be all and end all, and nor does it need to be.  A good SRM however will ensure that a mechanism exists to define how and when the competitiveness of the goods or services provided will be ratified. It may be that the approach, agreed by all parties involved, is to confirm the competitiveness in the most transparent way possible – a full market test. If this is the case then it would make sense to test the market in the most efficient, effective and ultimately transparent way possible, utilizing the latest available eAuction technology.

I would also take umbrage with the view that the use of eAuctions removes the use of a key part of any procurement activity, the important skill of human-human communication and interaction. Generations of individuals are now growing up adapting to the world of social media and differing communication channels. Whilst interaction through technology has its drawbacks it also has massive advantages as well and let’s face it, we aren’t going back to a time before computers and the internet. I’m not saying that interaction through these channels is better, just different.

Over time we will begin to adapt and see this form of communication as totally normal but for now let’s address the oft-raised concern that eAuctions embody an impersonal procurement approach or indeed have an effect on a supplier relationship or their ongoing performance. I think it simply comes down to the way that the use of the eAuction is positioned in the first place. If positioned, as outlined above, as part of a defined, transparent way, to validate the cost effectiveness of an account then there are no other methods so effective at the job.

So in conclusion eAuctions and SRM are not mutually exclusive and do not need to be seen as such. An effective SRM must include an agreed mechanism to test the commercial validity of the account and an eAuction is the must transparent, effective and efficient way of conducting the market test. The technology isn’t going away and needs to be utilised by procurement teams to manage relationships and realize further benefits.


Next week I will be discussing the various different types of eAuction available to the procurement professional along with their respective appropriateness, strengths and weaknesses.

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