A large enterprise today has thousands of categories to source and procure. With limited resources, large sets of categories may be ignored or sourced too infrequently which leads to suboptimal pricing. These categories represent a lucrative opportunity to capture additional value. A large set of spend categories can be optimized with professionally run, external sourcing events that aggregate spend across multiple organizations.
Read this whitepaper to learn how community sourcing with Sourcing Advantage is a strategy that delivers distinct benefits including reduced workloads, increased savings, and optimized quality and terms.