Sourcing Strategies: Why One Size Does Not Fit All

For years, sourcing solutions have promised to do it all. One tool claimed to handle all sourcing needs, regardless of industry, products, complexity or scale. In truth, each sourcing scenario is unique and needs a specialized tool for the job. Most traditional eSourcing platforms were originally built for indirect sourcing – purchasing completed goods – and don’t lend themselves well to direct materials or complex CAPEX events. Direct sourcing requires full bill of materials support and highly detailed specifications, while CAPEX events are typically multi-month or multiyear projects.

 

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