Roadmap - Faster, Smarter, Real-Time: Enhanced Sourcing Strategies For A Complex World
Under-pressure businesses are recognising the need to source better — source smarter, more resiliently, and in more agile and strategic ways. Above all, perhaps, they must do so at a reduced cost. To the rescue: two familiar sourcing techniques, should-cost modelling and strategic sourcing, now being given a new lease of life thanks to the combination of fresh insights and technological advances.
- Businesses in many industries, such as the chemicals industry, are on the front line in the fight against disruptors that include trade frictions, tariffs, Brexit, exchange rate volatility, fluctuating energy costs and Covid-19
- Should-cost modelling and strategic sourcing capabilities have become faster, smarter, and more real-time, which will help companies thrive in this complex world.