According to the Aberdeen report, 68% of their survey respondents say that strategic sourcing plays a prominent to crucial role in their organization
3% of respondents indicated that aligning sourcing activities and objectives with those of the greater organization is a top strategic goal
The above statistics clearly show the increasing role strategic sourcing plays in an organization. Procurement is under high pressure to meet their savings target and save on resources wherever possible. Many organizations are using sophisticated technology which makes the sourcing process efficient and helps save precious time, labor and cost resources.
Download this e-book to find out how technology can be leveraged at different stages of a sourcing cycle to make the sourcing process effective.