When I think to the early days of my purchasing career, I can’t help but remember one very important tool at the time – the Thomas Register, a series of humongous green books that listed suppliers of nearly every product line you can imagine. This was in the days before online supplier directories!
Of course, the world has changed since then and, fortunately, ThomasNet – the company that published the Thomas Register – has kept stride with the changes. They eventually went totally online with their supplier directory and their site is very easy to use.
I just came across an article on SDCExec.com that covered ThomasNet’s launch of its “Purchasing Tools,” which includes free access to on-demand eSourcing and contract management software as well as a forum. The forum itself seems to be mostly just buyers saying “I need a supplier for [insert commodity here].” But the software aspect is interesting.
It appears that ThomasNet has teamed up with Source One, the creators of the Why Abe eSourcing software. Source One apparently now also offers Contract Management software as well. It’s good to see them growing their product line.
So if your company still hasn’t invested in procurement technology, ThomasNet might be a good destination for you to at least get started without the barrier of cost. And if you’re interested in some more in depth learning about the procurement technology tools that are available, you might want to consider enrolling in our online class “Expert Purchasing Management,” which features demos of many different solutions including eProcurement, eSourcing, contract management, spend analysis, and more.
To Your Career,
Charles Dominick, SPSM
President & Chief Procurement Officer
Next Level Purchasing, Inc.
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