Remove Purchasing Remove Supply Chain Optimization Remove Supply market research
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What Exactly Is Procurement? And What is Purchasing?

Supply Chain Game Changer

Check out What Exactly Is Supply Chain Management? But the job titles that he had during his career alternatively included either the word Procurement or the word Purchasing. When I was young I thought I had a somewhat clearer understanding of what my Dad’s Purchasing job was. And what is Purchasing?

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Category management is much more than strategic sourcing

Future Purchasing

Areas to consider would include current performance issues, current and future business requirements, current and future spend, cost structures, suppliers, supply markets, supply chains, technology roadmaps etc. Data gathering focuses on spend analysis and supply market research.

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Strategic sourcing: Improve your buying power

TYA Suite

In simple terms, strategic-sourcing helps companies make smarter purchasing decisions by focusing on the long-term benefits and working with suppliers that can help them succeed over time. This means looking closely at where the money is going, which products or services are being purchased, and which suppliers are being used.