Effective Sourcing Processes within a Firm Can Improve Profits for the Firm
ProcurePort
MAY 26, 2022
• The sourcing function within any organization is part of the broader procurement efforts. The sourcing function ensures that the organization is getting its products from the most suitable suppliers. • If possible, the sourcing function should influence the supply market through engagement with suppliers for mutually beneficial relationships. • An effective sourcing strategy considers […].
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