Procurement Software
Procurement software automates a broad range of activities relating to business purchasing. An umbrella term often used to address the scope of coverage is spend management.
Procurement Strategy
A procurement strategy is the blueprint for implementing a procurement process. It considers everything from building a supply chain, the systems for initiating and tracking purchases, managing costs and risks, and evaluating results.
Sourcing Vs Procurement
Sourcing and procurement are complementary business processes that offer compelling value to any business with multiple product lines or growing sales. To realize that value requires support for both activities.