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Category management is much more than strategic sourcing

Future Purchasing

Value is usually secured via three implementation routes – internal business change, supplier management and sourcing. In contrast, strategic sourcing is the process used by Procurement teams to source products and services for the business. Data gathering focuses on spend analysis and supply market research.

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What Exactly Is Procurement? And What is Purchasing?

Supply Chain Game Changer

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. But was that Procurement or was it Purchasing? And what is Purchasing? Purchasing .