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What is Strategic Sourcing and Why Should You Care?
Strategic sourcing is a highly structured procurement tool that leverages high supplier engagement and market competition to improve commodity or service knowledge, enhance quality and service...
Advancing Your Corporate Objectives with Strategic Procurement
Achieving strategic procurement can be a challenge for companies, as it encompasses much more than achieving cost savings or securing better suppliers. While these components are important,...
Minimizing the Impact of US Import Tariffs Through Value Chain Engineering
Navigating the complexities of US import tariffs is a pressing challenge for businesses operating in today’s global marketplace. With tariffs driving up costs and impacting profitability, companies must adopt innovative strategies to remain competitive. One highly effective approach is value chain engineering, a methodical process that reconfigures supply chains to optimize cost efficiency and mitigate the financial burden of tariffs.
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