Sourcing Beyond Price:
Finding the Right Suppliers with Sophisticated Sourcing Strategies
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During the sourcing process, procurement teams need to consider a range of non-price attributes, like supplier market share, supplier performance, and supplier production and delivery capabilities, in order to find the best value for their sourcing dollars. This white paper will discuss these and other non-price factors that sourcing teams can and should use to evaluate suppliers’ bids, award new contracts, and be agile in today’s hyper-competitive business environment.
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