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2. Strategic sourcing - Wikipedia

   en.wikipedia.org/wiki/Strategic_sourcing

   Strategic sourcing is the process of developing channels of supply at the lowest total cost, not just the lowest purchase price.It expands upon traditional organisational purchasing activities to embrace all activities within the procurement cycle, from specification to receipt, payment for goods and services [1] to sourcing production lines where the labor market would increase firms' ROI. [2]

3. Emptoris - Wikipedia

   en.wikipedia.org/wiki/Emptoris

   Late 1999 Avner Schneur founded Emptoris with a goal to transform the strategic sourcing. When acquired by IBM, Emptoris was a developer and provider of strategic supply and contract management software including applications for spend analysis, sourcing, contract management, supplier lifecycle management, services procurement, compliance management and telecom expense management.

4. Procurement management software startup Oro Labs lands $34M ...

   techcrunch.com/2023/11/01/procurement-management...

   Oro today announced that it raised $34 million in a Series B round led by Felicis, with participation from Norwest Venture Partners, B Capital and XYZ Venture Capital. Bringing Oro’s total ...

5. Global sourcing - Wikipedia

   en.wikipedia.org/wiki/Global_sourcing

   Global sourcing is the practice of sourcing from the global market for goods and services across geopolitical boundaries. Global sourcing often aims to exploit global efficiencies in the delivery of a product or service. These efficiencies include low cost skilled labor, low cost raw material, extreme international competition, new technology ...

6. Workday to acquire online procurement platform Scout RFP for ...

   techcrunch.com/2019/11/04/workday-to-acquire...

   “With increased importance around the supplier as a strategic asset, the acquisition of Scout RFP will help accelerate Workday’s ability to deliver a comprehensive source-to-pay solution with ...

7. Zip is trying to modernize enterprise procurement | TechCrunch

   techcrunch.com/2024/04/03/zip-wants-to-modernize...

   At its core, Zip brings together the fractured procurement process into a single platform that allows businesses to manage everything, from the original purchasing request to managing purchase ...