Logistic & Transport

7 Steps for Strategic Sourcing

by Fleming. Team

Gone are the days when procurement was considered a tertiary function of an organization. Today procurement and strategic sourcing form the core of an organization's operations. In the face of an increasingly competitive market, procurement is key to optimizing the organization's spend. Procurement has come a long way and most organizations now use sophisticated technology which makes the sourcing process efficient and helps save time, labor and cost resources. The inforgraphic lists the step by step process of how to go about strategic sourcing for efficient procurement managers.

Middle East Logistic & Transport

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