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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

His job involved buying, negotiating, contracts, overseas travel, sourcing, suppliers, parts, services, managing, supplier qualification, product qualification, terms and conditions, quality issues and delivery problems. When I was young I thought I had a somewhat clearer understanding of what my Dad’s Purchasing job was.