Having the right systems in place is critical for organizations in our age to drive the bottom line. For many […]

Food costs are the most essential consideration for restaurants, as they determine how much profit can be made. How is […]

In today’s fast-paced business environment, staying ahead of the latest trends in procurement is essential for success. Global pressures on […]

INTRODUCTION Properly managing your purchasing and procurement is essential for any business selling products. Having the proper tool in place […]

The strategic sourcing process is a cycle, so it cannot be done once and forgotten about. A cycle approach to […]

Over the past few months, we have been breaking down the 7 Steps of AT Kearneys defined Strategic Sourcing Process […]

In the 7 Step Strategic Sourcing Process, negotiations happen near the end of the process. In procurement, negotiations typically occur […]

In Supply Chain Management, Strategic Sourcing is an essential step taken before contracts are awarded to vendors. The 7 Steps […]

In the strategic sourcing process, a lot of emphasis is put on planning, especially surrounding selecting the right suppliers. This […]

Conducting a Supply Market Analysis is a very important step in your strategic sourcing process. Through a supply market analysis, […]

The first step of strategic sourcing is identifying your business’s sourcing category or commodity. The best way to do this […]

In response to the digital transformation of procurement and supply chain processes, the need for effective strategic sourcing processes is […]