Utilizing the latest in technology to create value through process improvement.
Dominion Supply Chain Management has made a commitment and developed a strategy to integrate e-Commerce tools and processes into overall sourcing and commodity procedures, resulting in more cost effective, efficient processes.
Dominion's Supply Chain e-Procurement Strategy
- Digitize or web-enable the entire supply chain from the internal customer to the supplier and back
- Utilize the internet to facilitate communication & collaboration with our strategic suppliers and internal customers
- Pursue value of private, industry specific marketplaces, such as Perfect Commerce
Why e-Procurement?
- Reduce cycle times for customers by streamlining the acquisition process
- Empower customers by providing desk-top access to suppliers' catalogs
- Eliminate high volume, low dollar transactions from SCM workload
- Reduce maverick spend and promote standardization by utilizing supplier catalogs
- Promote supplier managed inventory by sharing forecast and demand information with strategic suppliers Utilize on-line auctions to obtain real-time competitive bids for selected
- commodities and/or services, resulting in shorter cycle time; suppliers benefit by seeing where they stand with their bid
Why e-Marketplaces?
"Our e-Marketplace" strategy provides Dominion a single interface with suppliers
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Reduces cycle time for bringing new suppliers "on board"
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Eliminates need to develop multiple interfaces
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Allows Dominion to outsource electronic catalog maintenance
Contact Strategic Sourcing with questions regarding Dominion's Supply Chain Management's e-Commerce Strategy.