Strategic sourcing sounds like one of those big business terms, but in actual, it’s integral to the success of businesses. When executed in a strategic manner, sourcing enables businesses to cut costs, streamline supply chains, and come up with innovation. These benefits allow companies to grow and adjust to changes…
Sourcing partners are more than just suppliers—they’re your strategic allies in business success. A good partnership can make your supply chain run smoother, save money, and match your business goals. A CGS study found that 79% of companies with strong sourcing partnerships see better innovation and performance. However, identifying the…