Tag: procurement strategy

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Local sourcing: why regional procurement is becoming a strategic competitive advantage

Local sourcing, meaning procurement via suppliers from the region or the company's own country, is coming back into focus. What advantages and disadvantages does this procurement strategy bring, and who is it worthwhile for?

Dörte Neitzel

The 10 most popular procurement strategies

Which procurement strategies are particularly popular? A study says how frequently framework agreements, global sourcing, or product groups are used and which criteria procurement defines.