Strategic sourcing is assessing and selecting suppliers based on their ability to provide goods or services at the lowest total cost of ownership. This includes all costs associated with acquiring, using, and disposing of goods or services. Spend analysis is a process used to understand an organization’s spending patterns. It provides visibility into where an […]

You have a problem. You’re spending too much money, and you don’t know where to cut back without feeling deprived or without hurting the bottom line of your business. You have to make sacrifices in your budget, but you don’t want them to be entirely devoid of benefit to your business as well as your […]