Tag Archives: sourcing

Is Reducing the Supply Base the Right Move?

Many firms are aware that they are dealing with too many suppliers. So they figure that the first thing they need to do is reduce the number of suppliers. The benefits of a smaller supply base lie in the area …

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Making sourcing strategic through spend visibility

Attracted by the potentially high cost savings¬†and the direct impact on the corporation’s bottom line, some firms plunge directly into strategic sourcing activities without first¬†fully understanding their spend. While they will probably achieve cost reductions, these firms are …

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