The Coupa Sourcing optimization white paper
While there are several different definitions given for the term Strategic Sourcing, strategic sourcing is a process designed to improve each purchase’s value. This value can manifest itself in different ways. For example, mitigate risk, drive savings, adding value to the services, or a better supplier relationship. This is an ongoing process in which the organization is continuously looking to evolve its purchasing process and optimize its sourcing methods.
This white paper will give you insights into the four steps of Strategic Sourcing and its evolution through the last decade.