SCLCI Early Editions: "The Procurement Process."

Use Strategic Sourcing as your 'Supply Chain Advantage'. An overview of the procurement process for supply chain business operations.

A brief overview of the procurement process.

Procurement processing activities should be prioritized by organizations that seek to achieve corporate objectives using strategic supply chain business operations.

This powerful process can establish greater value for your company and will open contract negotiations to include additional benefits. Buyers may discover opportunities for greater integration with key suppliers and prepare additional controls over non-price related items. This could include quality, reliability, and certification standards, or E.S.G. criteria.

Business leaders focused on efficiency, cost reduction, adding value, and effective management, know that procurement is central to achieving strategic objectives.