Remove Global sourcing Remove Procurement Remove Real-time Visibility Remove Strategic sourcing
article thumbnail

Strategic Sourcing Essential Techniques for Sustainable Success

Empowering CPO

Introduction In the ever-evolving landscape of procurement, organizations are turning to strategic sourcing services to navigate the complexities and achieve sustainable success. Market Intelligence: Shaping Strategic Choices In the dynamic world of procurement, staying ahead requires a keen understanding of market dynamics.

article thumbnail

4 strategic sourcing use cases to strengthen your supply chain

IBM Supply Chain Blog

For sourcing teams, that means pivoting their mindset around selecting suppliers from a tactical, lowest-cost-above-all approach to a strategic one. Where tactical sourcing is a short-term strategy, strategic sourcing is for long-term business goals.

professionals

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

What to Look for in a Managed Procurement Services Provider

Empowering CPO

Introduction In the globalized and rapidly evolving business landscape of the 21st century, the strategic importance of procurement cannot be overstated. However, procurement can also be complex, time-consuming, and fraught with challenges. This is where managed procurement services come into the picture.

article thumbnail

The 10 Hottest German Procurement Startups

Procurement Software

From the capital and beyond, German procurement startups are chipping away at a conservative business culture, making leaps and bounds towards modernising our profession. Our other article on 25 hottest European procurement startups features those German startups making waves way beyond their borders.

article thumbnail

Episode 137: Using Visibility to Combat Supply Chain Abstraction with Frank Kenney

Una

EPISODE 137 Using Visibility to Combat Supply Chain Abstraction with Frank Kenney By Kelly Barner | October 18, 2023 In the race to build global empires of data and digital systems, today’s businesses must not risk forgetting what all of those zeroes and ones mean.