Strategic sourcing is an institutional procurement process that continuously improves and re-evaluates the purchasing activities of a company. In the services industry, strategic sourcing refers to a service solution, sometimes called a strategic partnership, which is specifically customized to meet the client's individual needs.
« Back to Glossary Index
Subscribe to our newsletter to get regular updates
See How Aavenir Contractflow works for your Contracts.
Learn how Contractflow can help you eliminate manual processes, get more transparency and accelerate contract turnaround.