What is Strategic Sourcing?

The Magical Word

Put the word “strategic” in front of any process and, like magic, it becomes much more important.

Sometimes, it becomes so important that common folk can no longer be allowed to know exactly what it means!

And even worse, everyone assumes the very important process is aligned with the company strategy. How can it not be when the word strategic is tossed around with such great reverence?

Let’s explore “strategic sourcing” as an example where confusion reigns and the link to strategy is often lost in the rush to find suppliers and keep things flowing through your supply chain.

Read the rest of the article at: What is Strategic Sourcing?

Mike