Strategic Sourcing

Strategic sourcing is an approach to supply chain management that formalizes the way information is gathered and used so that an organization can leverage its consolidated purchasing power to find the best possible values in the marketplace.. See complete definition.

Strategic Sourcing News

View All News

Strategic Sourcing Get Started

Bring yourself up to speed with our introductory content

  • Expert tips for implementing procure-to-pay software

    P2P software touches many departments, ties in suppliers and has a big impact on financials. You need all the major stakeholders at the planning table. Continue Reading

  • Basware

    Learn about Basware, a Finland-based vendor of networked purchase-to-pay, e-invoicing, procurement, and financing software and services. Continue Reading

  • inventory turns

    Inventory turns are a popular measurement used in inventory management to assess operational and supply chain efficiency. Also referred to as inventory turnover and inventory turnover ratio, the inventory turns ratio is calculated by dividing the ... Continue Reading

View All Get Started

Evaluate Strategic Sourcing Vendors & Products

Weigh the pros and cons of technologies, products and projects you are considering.

View All Evaluate

Manage Strategic Sourcing

Learn to apply best practices and optimize your operations.

View All Manage

Problem Solve Strategic Sourcing Issues

We’ve gathered up expert advice and tips from professionals like you so that the answers you need are always available.

  • Spend management software guide

    Spend management is an essential tool for tracking expenses and reducing financial waste. In this guide, learn the basics of spend management and discover some of the ways it can help companies rein in spending. Continue Reading

View All Problem Solve