Global Trade Gal

What Are The Major Benefits Of Strategic Sourcing?

December 17, 2021 Anita Hummel Season 1 Episode 29
Global Trade Gal
What Are The Major Benefits Of Strategic Sourcing?
Show Notes

The new buzzword in sourcing or procurement is strategic sourcing. Strategic sourcing is a process that helps suppliers to source their products efficiently.

Never underestimate the proper use of the strategic sourcing process in your supply chain. Strategic sourcing is a significant benefit to all stakeholders within the supply chain. Strategic sourcing forces all stakeholders to look at the supply chain strategy in detail. Strategic sourcing helps to eliminate any potential risks or problems.

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