Strategic sourcing is finally coming into its own as procurement and supply chain managers tap its potential, according to two research firms. While the concept of strategic sourcing has been around ...

Departments/schools can request that Purchasing and Strategic Sourcing perform a competitive bid or negotiate on their behalf. In addition to simply providing advice to departments and schools if they ...

The pandemic accelerated adoption of digital technologies in many industries, including sourcing and procurement. The positive impacts of these changes will extend long after the pandemic threat is ...

The sourcing function of the retail enterprise is about much more than selecting vendors and suppliers and managing those relationships. It’s also about realizing value for the business by optimizing ...

After several tumultuous years of pandemic-driven supply chain disruptions, many businesses report that the tide is beginning to turn. Although significant uncertainty remains, price increases have ...

Strategic sourcing is a comprehensive approach to identifying, selecting and managing suppliers of raw materials or services. The focus isn’t just on price, but also on the supplier's overall value, ...

CORK, Ireland--(BUSINESS WIRE)--Keelvar, a global pioneer of intelligent sourcing optimization and automation solutions, today launched the next-generation of its Autonomous Sourcing solution which, ...

The headline of one of my previous articles, “The Most Unenviable Job in Purchasing,” sums up my negative view of a purchasing department’s strategic sourcing function. In my experience, the solitary ...

In the good old days of strategic sourcing, supply chain organizations, inspired by consulting firms and investment bankers, executed a rigorous seven-step strategic sourcing process to lower costs ...

Vizient®, the nation’s largest provider-driven healthcare performance improvement company, announces Southern Strategic Sourcing Partners (S3P), an aggregation group supported by Vizient, has ...