It is no secret that for a company to guarantee its sustainability and future proof itself, it has to constantly evolve and innovatively seek ways of meeting the needs of the customer. This requires an effective procurement strategy.
In keeping abreast with the latest trends and understanding the benefits of maximizing efficiency through economies of scale, organisations have to nurture and value strong relationships. Strategic sourcing takes traditional procurement to another level. A level of collaboration with selected suppliers to leverage targeted spend across different locations and multiple companies to get the best price and value.