Strategic Sourcing

What is Strategic Sourcing?

By Hemlata Maheshwari / June 13, 2025

Walmart planned to change the way to buys products by removing the middleman and started working directly with suppliers. Their...

Strategic Bid Management: A Comprehensive How-To Guide

By Hemlata Maheshwari / June 13, 2025

You often found yourself buried in spreadsheets, missed deadlines and emails as managing multiple vendor quotations as a buyer. Your...

Strategic Bid Management: A Comprehensive How-To Guide

Microsoft Build 2025: Pioneering the Agentic Web

By Hemlata Maheshwari / June 12, 2025

Microsoft's recent events have showcased its commitment to integrating AI across its platforms and enhancing cybersecurity measures. Here's a comprehensive...

Microsoft Build 2025: Pioneering the Agentic Web

Purchase Requisition vs Purchase Order: Key Comparisons

By Hemlata Maheshwari / June 12, 2025

Introduction Knowing the difference between purchase requisition vs purchase order helps you make better decisions. These documents guide company spending...

Purchase Requisition vs Purchase Order: Key Comparisons

Construction Bidding Process: Everything You Need to Know

By Hemlata Maheshwari / June 11, 2025

When a buyer starts any construction project, they use the bidding process to discover the best contractor. First, they share...

Construction Bidding Process: Everything You Need to Know

What is Strategic Sourcing?

Posted on June 13, 2025June 13, 2025by Hemlata Maheshwari by Hemlata Maheshwari in Bid Management, Strategic Sourcing

Walmart planned to change the way to buys products by removing the middleman and started working directly with suppliers. Their objective was to reduce the cost and make their supply chain worldwide. This smart shift of Walmart saved a lot of their money up to 15% in supply chain costs. By managing buying centrally […]