Freemarkets
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1. Freemarkets.com offers a large variety of activities and services to numerous businesses. One of their most effective services is called "Global Supply Management." GSM focuses on the development, strategy and execution of reducing costs across supplied goods and services. It promises to increases profits by driving down the costs involved with supply chain management by assisting in "developing sourcing strategies and managing sourcing activities." This also involves such activities as: analyzing spend data, developing supply strategies, managing suppliers and carrying out transactions. Another service that Freemarkets.com offers is called "FreeMarket''s Fullsource." This service aims to increase the speed of supply management as well as reducing the risk of the overall process by using advanced technology within an organization...