Go to top
INTRODUCTION TO COMOROZ
Archive
Tag: Global Sourcing
29 Mar
2021

IMPLEMENTING A SUCCESSFUL STRATEGIC PROCUREMENT AND GLOBAL SOURCING STRATEGY

What are strategic procurement and global sourcing strategies? A procurement strategy is a continuing plan to economically obtain the required supplies from a list of competent vendors who will distribute quality goods on time while adhering to the procurement terms. This strategy focuses on components such as cost reduction, global sourcing, risk management, green purchasing,..