Moving Beyond Price: The Critical Steps to Strategic Sourcing
One of the many adages in purchasing is that “a Company is only as strong as the weakest link in their supply chain”. Taking this a step further, a company can only succeed in achieving its strategic initiatives – growth, technology, quality, or delivery, if it is successful in aligning the supply base to support them. In order to achieve this alignment, purchasing organizations need to develop commodity strategies that incorporate a strategic sourcing process. In this webinar, we review the critical steps that need to be taken in a robust strategic sourcing process and key elements for completing them.
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