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Importance of Strategic Sourcing Skills

ProcurePort

Strategic sourcing in any organization means the development of a methodology of gathering and using the information in a manner that leverages the purchasing power of an organization to maximize value in procurement. What this means is that strategic sourcing needs to be well thought out.

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Strategic Sourcing Manager — The Ultimate Guide

Procurement Tactics

Strategic Sourcing Manager — The Ultimate Guide. A strategic sourcing manager is a key person in ensuring that the strategic process is effective and efficient. In this article, we will discuss what a strategic sourcing manager is. Strategic Sourcing Explained.

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Strategic sourcing manager: Procurement role on the rise

RPF360

Strategic sourcing managers focus on maximizing the value of vendor relationships. The post Strategic sourcing manager: Procurement role on the rise appeared first on RFP360. It's a specialized skill and a rewarding path. Explore everything you need to know here.

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Spot the mistakes Strategic Sourcing Framework

Procurement Templates

I asked my assistant to help me mock up a strategic sourcing framework and she did a fairly good job but made a few mistakes. Can you spot the mistakes! She’s added in category analysis twice and then she added a RFQ before a PQQ which means the flow isn’t quite right.

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Implementing Strategic Sourcing Software: The Initial Steps

ProcurePort

• Improved Cost Efficiency: Strategic sourcing software enables businesses to analyze and optimize their procurement processes, resulting in significant cost reductions and improved supplier negotiation outcomes.

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What Does a Strategic Sourcing Manager Do? Strategic Sourcing Roles and Responsibilities

ProcurePort

•The global nature of business today is such that a business can source items from anywhere in the world if it makes logistical and business sense. The post What Does a Strategic Sourcing Manager Do? Strategic Sourcing Roles and Responsibilities appeared first on ProcurePort Blog.

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7 Key Trends of Strategic Sourcing

ProcurePort

• In today’s business environment, a strategic sourcing strategy is critical for optimal operations. Strategic sourcing takes a long-term and proactive view of a company’s purchasing activities. The post 7 Key Trends of Strategic Sourcing appeared first on ProcurePort Blog.