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 ...

The concept of strategic sourcing can mean different things to different people, but essentially it is a more comprehensive, researched, planned and measured approach to procurement. As governments at ...

Affinity's Co-Founder, Ray Zhou, wants to bring relationship intelligence to the world because every opportunity begins with a relationship. Venture capital (VC) deal-sourcing today is tough, and a ...

After an audit found that agencies have made very little use of strategic sourcing, DOD and other agencies point to some reforms, pledge to make more. An audit that concluded agencies have made very ...

There are a variety of reasons for executives today to question the practice of global sourcing, but it always seems to come back to one word -- quality. Valid reasons or not, many of them are ...

The sourcing function of the retail enterprise is about much more than selecting vendors and suppliers and managing those relationships. It’s also about realizing value for the business by optimizing ...

After several tumultuous years of pandemic-driven supply chain disruptions, many businesses report that the tide is beginning to turn. Although significant uncertainty remains, price increases have ...

In a business environment fraught with volatility and uncertainty, CPOs and sourcing and supply chain executives confront unprecedented challenges. Companies are reevaluating global supply chains ...

Earlier this quarter, Mondelez International experienced financial pressures as rising cocoa prices, driven by crop yield concerns in West Africa, affected one of its key input costs. In response to ...

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 ...

What are the most common types of procurement? Procurement stands as one of the most influential business functions in modern organizations, directly impacting both financial performance and ...