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Unlocking Success: Why Strategic Sourcing Is Important for Your Company

Precoro

To enhance their competitive edge, companies across industries are adopting a key tactic: strategic sourcing. Strategic sourcing is a holistic approach to supply chain management that includes tactics for optimizing the total cost of ownership, improving supplier relationships, and ensuring long-term value creation.

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EC Sourcing Group ranks as a ‘Value’ & ‘Customer’ Leader in Latest eSourcing Benchmarking Study

EC Sourcing Group

EC Sourcing Group ranks as a ‘Value’ & ‘Customer’ Leader in Latest eSourcing Benchmarking Study. Spend Matters’ newly released Fall 2021 SolutionMap report names EC Sourcing Group a Customer & Value Leader across multiple organization types.

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2024: Planning for Success Amid the Uncertainty

Logistics Viewpoints

Sourcing and procurement comes in close second at 88 percent, followed by innovation at 87 percent. Sourcing and Procurement In sourcing and procurement, the top focus area for 2024 continues to be supplier/vendor relationship management (SRM). With the continued challenges facing supply chains, that is no surprise.

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Make Freight Sourcing More Efficient!

Supply Chain Game Changer

Freight sourcing team article and permission to publish here provided by Katharine Barrios at xeneta.com. Freight sourcing and procurement is a critical component of the whole supply chain and is crucial to the success of the business. These are the must-haves for any effective freight sourcing team. Subscribe Here!

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EC Sourcing Group “Top Provider to Know” in Latest Procurement & Supply Chain Rankings

EC Sourcing Group

The list recognizes organizations performing as best-in-class in terms of innovation, market presence, tech competency, and solution delivery. Factoring largely into it’s evaluation criteria are the results from the Spend Matters SolutionMap benchmarking study .

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EC Sourcing Group “Top Provider to Know” in Latest Procurement & Supply Chain Rankings

EC Sourcing Group

The list recognizes organizations performing as best-in-class in terms of innovation, market presence, tech competency, and solution delivery. Factoring largely into it’s evaluation criteria are the results from the Spend Matters SolutionMap benchmarking study .

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The Forecasting Accuracy Bugaboo

Logistics Viewpoints

It is important to benchmark forecast accuracy and similar supply chain metrics against your peers. APQC – a benchmarking, best practices, and performance improvement organization – is one place you can get these numbers. Leading companies are becoming highly innovative in producing new business forecasts to improve their operations.