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Without proper insight into its contracts, a company cannot effectively control its top or bottom line. Nor can it easily access the data needed to comply with legal and regulatory requirements...

Faced with funding constraints, fast-paced business environments, and ever-evolving procurement needs, businesses cannot rely on a onesize-fits-all approach to deploying and managing best-in-...

This chart demonstrates the ideal process flow for a best-in-class Procure-to-Pay solution.

These charts are an excerpt from the 2012 Global Sourcing Summit presentation from Purdue Pharma...

While creating a strategic sourcing structure, companies should design for maximum benefit. During this design phase, one should consider the company size, resources and organizational needs in...

The increased emphasis on cost control that has come out of the most recent recession has accelerated the growing trend toward centralized sourcing processes. Companies are seeking to consolidate...

By Kunal Kant (Senior Category Manager), Bhawna Bhatia (Associate Consultant), Infosys BPO Ltd.

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Siva R, Practice Lead, Sourcing and Procurement - Infosys BPO

When a sourcing professional undertakes a sourcing assignment for any commodity or service, there is a...