Source Contract

« Back to Glossary Index

Source Contract

Source Contract is a sequential cycle that delivers an accurate representation of how most procurement organizations identify and select suppliers. Procurement releases an RFX to identify potential partners that are capable of delivering the needed goods or services within the profit model the organization has created. Yet evaluating suppliers on these criteria alone does not provide a complete picture of whether that company can and should win the business.

« Back to Glossary Index

Subscribe to our newsletter to get regular updates

    Related Glossary

    See How Aavenir works for your business needs.

    Learn how Aavenir can help you eliminate manual processes, get more transparency and accelerate turnaround.

      Get the latest news and insights with Aavenir Pulse

        Linkdin
        Twitter
        Youtube
        Facebook
        Instagram
        Medium
        ©2024 Aavenir. All rights reserved.
         | Privacy Policy
        Disclaimer: All trademarks, logos and brand names used in the website aavenir.com are the property of their respective owners. All company, product and service names used in this website are for identification purposes only.

        Schedule a demo