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Agile Strategic Sourcing for a Resilient Supply Chain

The Logistics & Supply Chain Management Society

Procurement, activities such as strategic sourcing, are one of the main processes in the supply chains that can generate a positive impact on companies by giving them a competitive advantage in the market. Strategic sourcing can help supply chain leaders identify potential risk factors and develop procurement mitigation plans.

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Middle East e-commerce profits have surged 4-fold in the last five years

Vinculum

This is one of the fast profit-generating sources skyrocketing to $20 billion by the end of 2020 in the Gulf Cooperative Council counties. If we look at the past, e-commerce hardly generated a profit of $5billion in 2015, less than the present scenario. Around 59% use Instagram to find new buyers or retailers to expand their business.