Strategic sourcing skills play an important role in the cost structure and competitiveness of small and large businesses. These skills involve analyzing high-volume purchases and developing long-term ...

Get your outsourcing strategy right from the start - or risk failure... Companies that follow a formal process to define their outsourcing strategy stand a better chance of achieving expected cost and ...

LONDON--(BUSINESS WIRE)--Quantzig, a leader in delivering scalable analytics solutions and data science services, today announced the completion of its recent article that sheds light on the role of ...

Strategic sourcing has been creating efficiencies, improving the quality of services, and reducing costs in private industry for years. Now it is time for the Army to strengthen its resolve in ...

Regional sourcing, multiple suppliers, and smart contracts are reshaping how the construction industry handles supply chain ...

KANSAS CITY — Tariffs and poor crops are stressing supply chains, making it riskier to source raw materials solely from a single geographic area. Maneuvering quickly and wisely may help save on input ...

Organizations everywhere are making digital transformation a priority, but some may be overlooking an area critical to their growth: transforming their strategic sourcing and procurement systems. Many ...

Category management is not just a new name for strategic sourcing. Rather, strategic sourcing is one of the tools used by category teams to manage procurement expenditure to achieve mission value.

Strategic sourcing is a supply management tool that delivers significant cost reductions and other benefits, according to the Institute for Supply Management. It replaces the traditional purchasing ...

The term offshoring continues to evoke mixed responses from executives and technologists alike. Business and IT leaders pursue offshore outsourcing for various reasons, but the key driver may be to ...

In today's cost-constrained environment, corporate legal departments (CLDs) must focus on delivering both savings and value—no easy feat. CLDs are simultaneously managing several matters, both exotic ...

Compliance is not strategic. Following regulations is, of course, necessary. But it does not put bread on the table. I’m currently completing a study of the global trade compliance (GTC) solution ...