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 […]
Sourcing
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: […]
Everyone knows about Apple, when you think about it, you see great design and advanced technology. But what many don’t see is their sourcing process. Instead of making all the products themselves, Apple works with trusted companies across the world to get components like chips, screens and batteries. This helps them with costs, saves time […]
