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Strategic Sourcing Software

Find the best Strategic Sourcing Software for your business. Compare top ERP, CRM, POS Software systems with customer reviews, pricing and get a free demo.

Total 6 Products Found

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Ivalua
Ivalua

Ivalua

By Ivalua Inc

Features: Supplier Management Sourcing

Platforms Deployments Business Size Small


Slingshot Enterprise Business Suite Software
Slingshot Enterprise Business Suite Software

Slingshot Enterprise Business Suite Software

By Slingshot Software

Features: Sales Order Management Purchase Order Management

Platforms Deployments Business Size Startup


Bonfire
Bonfire Interactive

Bonfire

By Bonfire Interactive

Features: Contract and performance management Sourcing management

Platforms Deployments Business Size Startup


FlexRFP Software
FlexRFP Software

FlexRFP Software

By EC Sourcing Group, Inc

Features: Full audit capabilities Bid template library

Platforms Deployments Business Size Startup


Market Dojo
Market Dojo

Market Dojo

By Market Dojo Ltd

Features: Auction Management Supplier Web Portal

Platforms Deployments Business Size Startup


Claritum
Claritum

Claritum

By Claritum

Features: Auction Management Inventory Management

Platforms Deployments Business Size Startup


What is Strategic Sourcing Software?

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. In a production environment, it is often considered one component of supply chain management. Modern supply chain management professionals have placed emphasis on defining the distinct differences between strategic sourcing and procurement. Procurement operations support tactical day-to-day transactions such as issuing Purchase Orders to suppliers, whereas strategic sourcing represents to strategic planning, supplier development, contract negotiation, supply chain infrastructure, and outsourcing models.

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