Competitive bidding Strategic sourcing supply chain budgeting 
Jaggaer
FEBRUARY 5, 2025
Complete Source to Pay cycle and Strategic Sourcing Guide An optimized Source-to-Pay (S2P) process helps businesses enhance procurement efficiency, reduce costs, and improve supplier collaboration. What is Source-to-Pay?
Spend Matters
FEBRUARY 13, 2025
Identifying the need for foundational technology and processes Before joining Utz as its SVP Procurement, Ron had been consulting with the Supply Chain department working on a number of different projects. In addition, the broader supply chain organization was working to implement other new tools and processes.
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
Una
OCTOBER 9, 2023
How to Implement a Strategic Sourcing Process A play-by-play manual showing how to implement a strategic sourcing process that aligns with your organization’s goals, optimizes spend, and creates long-term value. At its core, strategic sourcing formalizes the process of finding, assessing, and choosing suppliers.
World of Procurement blog
MAY 8, 2024
It involves identifying needs, sourcing potential vendors, obtaining quotes and proposals, negotiating contracts, selecting suppliers, managing relationships, and meeting obligations. Sourcing : Procurement uses competitive bidding, e-sourcing, and supplier development. Purchasing's value-add is more limited.
TYA Suite
NOVEMBER 25, 2024
What is strategic sourcing and how does it work? Strategic sourcing is a method used by businesses to buy goods and services in a way that focuses on long-term value, not just short-term savings. Strategic is about building strong, lasting relationships with suppliers that deliver the best overall value.
Supply Chain Game Changer
NOVEMBER 24, 2018
Those same companies, out of necessity, became more sophisticated and implemented Strategic Sourcing and Category Management, delivering substantial savings to their companies bottom line and even help capture innovation. So, what can these small and medium sized business’s do without breaking the budget? Email info@procurepro.ca
Planergy
AUGUST 8, 2023
How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. When signing on a new supply customer, you must consider more than just a good-sounding product and price. Open tendering encourages effective competition to obtain goods, emphasizing value for money.
Expert insights. Personalized for you.
52 
Let's personalize your content