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Global Sourcing – Is It Suitable For Your Business?

Oxford College of Procurement and Supply

Global sourcing, overseas buying, international trading? Global sourcing usually attracts procurement professionals and other industry workers due to the perceived saving of money. Global sourcing more often than not delivers a price saving – but at what cost?

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5 Steps Towards Modernizing Supplier Management

ivalua

Such solutions, especially if embedded in spend management suites, can help unify data across the enterprise and fix duplicates and other issues at the source. Most supply risks, whether from disruptions or ethical violations, lurk not among immediate suppliers, but in the sub-tier. Map your Sub – tier.

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Procurement in the Age of Uncertainty: 4 Lessons from the New Forrester Study

ivalua

Disruptions, ethical and compliance risks are more likely to occur deep in your supply chain. Some suites have embedded MDM capabilities that can unify data across the enterprise and fix issues at the source. That ensures accuracy, timeliness and better accessibility regardless of where a user is working. Second, map your sub-tier.