Category: Strategic Sourcing

[ad_1] Made up of countless sub-categories and featuring an inherently diverse supply base, Facilities spend is typically one of the most challenging categories for Procurement. Like MRO, the category is often addressed on a site-by-site basis. This approach can lead organizations down a dangerous road where poor communication, disorganization, and a lack of transparency become…

[ad_1] Procurement Vs. Purchasing Kristin Manganello, Thomas Net, 7/20/2018 The terms “purchasing” and “procurement” are often used as synonyms. However, they are actually connected with different processes, making it very beneficial to learn and understand the proper definition of each. With the sector covering a lot of areas, procurement is often used as an umbrella…

[ad_1]      (Photo: https://mma.prnewswire.com/media/722473/re_source_online_planning_tool.jpg ) Created by apparel industry website just-style.com, re:source is designed to help those in apparel sourcing create smarter strategic sourcing plans. Ranju Mahtani, CEO and chairman of Epic Group, said: “We’ve tried different ways to obtain trade intelligence in the past, but would have had to use up to ten portals…