![]() However, strategic sourcing is a larger concept that aims to improve the procurement process of your business and ensure the lowest cost for the whole process. Sourcing is simply the process of identifying the suitable suppliers for your business to procure products and services at the optimal price. You will also see a difference between two terms – sourcing and strategic sourcing. Discover qualified suppliers, speed up your sourcing cycles, and create the most competitive. You will have to factor in the total sourcing cost, including the price for creating contracts, time factors, and transportations, not just the direct purchase cost. Boost your bottom line with SAP Ariba Sourcing solution. However, if you consider long-term prospects, you will have to consider many additional factors where the concept of sustainable savings comes into play. But can the lowest price always guarantee you the highest savings for your business? For a very short-term, it might. In a traditional sense, many of us often look at sourcing with a narrower view: finding a supplier and negotiating to secure the lowest possible price. You can deploy this sourcing tool with an optional, pre-integrated solution that provides a savings pipeline and tracking functionality for driving and.
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |