Sourcing
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What is Sourcing?
Sourcing, in a business context, refers to the process of identifying, evaluating, and engaging suppliers of goods and services. It encompasses activities like market research, supplier selection, negotiation, and contract management. Effective sourcing aims to secure the best value, quality, and reliability from suppliers, thereby contributing to cost reduction, risk mitigation, and enhanced business performance.
What other technologies are related to Sourcing?
Sourcing Competitor Technologies
SAP Ariba
SAP Ariba is a direct competitor, offering comprehensive sourcing and procurement solutions.
Ariba
Ariba, by SAP, is a leading competitor in providing comprehensive sourcing and procurement solutions.
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Sourcing Complementary Technologies
Supplier Qualification Management
No summary available
Essential for ensuring supplier quality and compliance, which complements sourcing activities.
Supplier Portal
Facilitates communication and collaboration with suppliers, enhancing the sourcing process.
Self-Service Procurement
Empowers employees to initiate procurement requests, streamlining the sourcing workflow.
Number of organizations that mention technology
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Which job functions commonly mention Sourcing?
SAP Administrator
0.1% of all SAP Administrator jobs mention Sourcing
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jobs on Sumble
Procurement
97 Procurement jobs mention Sourcing
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jobs on Sumble
Consultant
174 Consultant jobs mention Sourcing
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jobs on Sumble
Supply Chain
28 Supply Chain jobs mention Sourcing
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jobs on Sumble
Information Technology
268 Information Technology jobs mention Sourcing
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jobs on Sumble
Which organizations are mentioning Sourcing?
Siemens Healthineers
Health Care and Social Assistance
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