Uncovering Strategic Sourcing Best Practices for Healthcare Companies
Healthcare companies have been throwing around the term, ” strategic sourcing” for years to mean just about anything involved in the procurement process. In reality, this term is all about analyzing all of your sourcing options to continuously improve...
How Can a Cost-effective Strategic Sourcing Process Benefit Companies?
Even now, many companies consider purchasing to be simple and merely a means to an end. The key aim of any procurement team is to meet the financial requirements while minimizing costs for their organization. Most teams, therefore, pitch competing suppliers against...
A Leading Iron and Steel Company Identified Major Savings Opportunities Through Strategic Sourcing – A SpendEdge Success Story
Top Four Benefits of Strategic Sourcing Effectively manage supply chain risks The strategic sourcing process involves a detailed analysis of every spend category along with different suppliers. This helps to identify and categorize financial risks, quality issues,...
Recent Comments