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Globalsourcing, overseas buying, international trading? Globalsourcing usually attracts procurement professionals and other industry workers due to the perceived saving of money. Globalsourcing more often than not delivers a price saving – but at what cost?
Ivalua Spend Management Insights [ivory-search] Procurement in the Age of Uncertainty: 4 Lessons from the New Forrester Study May 9, 2023 | | Innovation by Alex Saric In today’s age of uncertainty, procurement departments are under tremendous pressure. Fortunately, the report shows that procurement is putting actions behind words.
Chassis Brakes Int’l (now part of Hitachi), presents a great example, having unified supplier data across all 25 global ERP environments through it’s globalSource-to-Pay (S2P) platform. Successfully employing MDM requires procurement to closely engage IT. Procurement needs skin in the game.
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