Basics of Strategic Sourcing

This book is an outline for identifying potential vendors, conducting negotiations and engaging purchasing agreements to provide goods and/or services that meet procurement needs. In the course of time the role and character of purchasing has been changing constantly. Traditionally, purchasing was seen as merely a supportive and supplementary operational activity with little significance on a firm's performance. This approach however conveys a rather reactive strategy of purchasing where the focus is on transactions rather than on relations and also more on an operational or tactical level rather than on a strategic one. Market trends with respect to price and quality as well as global and local trends are emphasized in this book which gives more sense in the sourcing and procurement activities. This book also explains about listing down the category to analyse the money spend on manufacturing activities.

Author: Selvan Athishtaraj V
Publisher: Notion Press
Published: 05/28/2020
Pages: 126
Binding Type: Paperback
Weight: 0.32lbs
Size: 7.99h x 5.00w x 0.30d
ISBN13: 9781648509759
ISBN10: 1648509754
BISAC Categories:
- Business & Economics | Marketing | Research

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