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Lessons Learned:

  • Go Beyond Transactional Sourcing
  • Introduce a Project Management Mindset​
  • Embrace Optimization
  • Ensure Contract Compliance Takes Place
  • ...

One of the most critical design choices in Strategic Sourcing is the pricing basis, i.e. the “price per what” issue. Most frequently, item or catalog pricing is employed, whereby the buyer takes...

This RFP, for "a qualified Vendor to provide a complete Procure to Pay (aka "procure-to-pay") solution that will enhance and modernize [company's] current environment, with the goal of empowering...