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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