Leverage general sourcing category comprises commodity items where many alternatives of supply exist, and supply risk is low. spend is high and there are potential procurement savings.
Examples of strategic sourcing scenarios: selection of a new client courting management software. evaluation of economic offerings or employee advantages. Engaging an architecture firm for a new creation project.
Strategic sourcing is a method that creates efficiencies throughout all spend classes, minimizes delivery risks with improved dealer selection, and gives visibility into pricing and forecasting.
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