The New World of “Capability Sourcing”


While the role of purchasing and procurement has never been more challenging, these are also great times for the profession, as sourcing takes on ever increasing importance in most corporations.

There are several critical drivers of this increasing role of procurement in overall corporate success and competitiveness: supply chain management, offshoring and virtualization. With the decline in the vertically integrated business model, sourcing is evolving into a strategic process for organizing and fine-tuning the value chain.


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