Sourcing

The Year of the Monkey in Procurement

As per the Chinese zodiac, each year is symbolized by an animal & an element which define the…

Agropur’s Director of Strategic Sourcing on Procurement — Origins and the Big Picture — Part 1

Technology Sourcing, Procurement and Vendor Management Need a Center of Excellence to Be Digital-Business-Ready

In today’s digital era it is critical for procurement and supply chain leaders to build a center of excellence (COE) to support the agility…

The Why, What & How of Strategic Sourcing: Part 5 — Implementation Best Practices

Four Pillars of Strategic Sourcing

Every year, the pace of business continues to accelerate, forcing enterprise sourcing teams to adapt to changes and shifts within global markets in order to stay competitive. Although workloads and responsibilities continue to increase, sourcing teams remain…

10 Key Take-Aways: Transforming the Source-to-Pay Process

Many senior managers view a source to pay process as merely a mechanism to complete a transaction. They completely miss the point that there are significant opportunities, cost and value improvements, benefits and integration…

Supplier and Market intelligence: Key drivers in procurement strategy.

Volatility is the new norm — be it political, or a natural calamity, or industry equations. With the supply base having gone global the degree of unpredictability has increased and so has the resultant…