Importance of Strategic Purchasing, Passive Sourcing| SpendEdge

Why Companies Need to Shift from Passive to Strategic Purchasing Right Now

Why Companies Need to Shift from Passive to Strategic Purchasing Right Now

Purchasing is a strategic process for any company, as it involves intense planning and execution of strategies. Intense competitive pressures have forced companies to re-examine their approach to managing their purchasing strategies. Initially, most companies followed traditional purchasing methods also known as passive sourcing.  However, passive sourcing had its own set of problems such as […]

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