What are the different types of procurement contracts?

#Procure To Pay #Accounts Payables #Procurement Contracts

When it comes to procurement contracts, there is no "one-size-fits-all" approach which can work. As requirements differ, so do contracts. Any contractual agreement, regardless of the…

Why strategic sourcing matters?

#Strategic Sourcing #Supply Chain Management #Spend Optimization

Strategic sourcing can be defined as a supply chain management approach which intends to harness the way information is collected and analysed to help organizations in…