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e-Commerce

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

  • Reduces cycle time for bringing new suppliers "on board"
  • Eliminates need to develop multiple interfaces
  • Allows Dominion to outsource electronic catalog maintenance

Contact Strategic Sourcing with questions regarding Dominion's Supply Chain Management's e-Commerce Strategy.

NYSE : (May 21, 2012) D 52.23 -0.06

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