Sourcing vs Procurement: What’s the Difference and Why Does It Matter?

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Many teams confuse sourcing and procurement, but knowing the difference can help you run your supply chain better.  What Is Sourcing?  Sourcing is how a company finds and picks suppliers for what it needs. It’s not just choosing who is cheapest. It’s about finding the right supplier who can deliver what you need, when you […]

Top 8 Benefits of Using Sourcing Software

Top 8 Benefits of Using Sourcing Software

Introduction   Sourcing was always a part of the industry. Traditionally, it was done manually but now we have the technology; we have the sourcing software which reduce half of the manpower. By collecting papers and documents manually to get the details easily.   Most industries benefited by e-sourcing. Let’s see the advantages of leveraging sourcing software:   […]