The Benefit of Strategic Sourcing with Online Auction
Strategic sourcing is all about the bottom line and achieving maximum possible cost reductions....
Category: Strategic Sourcing
Source to Contract: What does it mean?
Language is one of those mysteries of life that we might never truly understand. Naturally, it’s...
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How to Practice Compliant Sourcing
The procurement process is truly a comprehensive and fully integrated one. It is one of the...
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What is Direct Sourcing? Your Procurement Guide
A fascinating aspect of the universe is that there’s hardly ever a single path to the same...
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What is Sourcing? Your Procurement Guide
A lot of people often use the terms procurement and sourcing interchangeably. While they are...
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Hidden Benefits in the Source to Pay Process
The best businesspeople manage to find additional value where others cannot. This means mining...
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The Role of a Sourcing Specialist on a Procurement Team
As with any sort of team that is composed of various people with varying obligations, procurement...
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What is Strategic Sourcing? Your Procurement Guide
What is Strategic Sourcing? According to businessdictionary.com strategic sourcing is defined as...
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The Importance of Strategic Sourcing in Procurement
Strategic sourcing is a fancy way of saying “shop smarter” In many ways, the importance of...
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5 Strategic Sourcing Objectives for Businesses
For all of the different definitions of strategic sourcing, the process comes down to one simple...
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Strategic Sourcing and Its Importance in the Procurement Process
Every business’s goal is to generate profits. Every business, in theory, seeks to optimize its...
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10 Procurement Process Improvements That Will Have a Powerful Impact
When it comes to procurement, process improvements are key. Put simply; there is no such thing as...
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Strategic Sourcing Process: 4 Key Phases
In the digital age, one of the best ways to maximize cost-savings is to implement a strategic...
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