Strategic Sourcing: A Guide to Getting Started
A Strategic Approach to Procurement Strategic sourcing is a procurement strategy that involves the systematic and collaborative process of identifying, evaluating, negotiating, and managing suppliers to acquire goods and services in a way that best meets an organization’s business objectives.…
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6 Critical Procurement KPIs You Can’t Afford to Ignore
If you’re not paying attention to your procurement KPIs, you should be. At its core, procurement is not merely about acquiring goods and services;...10 Benefits of a Non-Conformance Report Process in Technical Procurement
In quality management, when a non-conformance is identified, a Non-Conformance Report is created. A non-conformance occurs when a product, service, or...NCR Reporting in Technical Procurement
NCR reporting and management can vary depending on the industry and organization, but here is a typical workflow used in technical procurement that can...