If you’re a world-class procurement organization, you know the value of strategic sourcing. As an important organizational function, strategic sourcing has assumed an increasing role in helping companies compete and achieve a sustainable advantage in their missions and markets.
Negotiating a sourcing agreement is a critical first step in realizing the true potential and cost savings associated with eProcurement. However, supply chains are increasingly global with sourcing, manufacturing and operations happening in numerous locations around the world.
With the acquisition of CombineNet, SciQuest is uniquely positioned to offer comprehensive, cloud-based sourcing capabilities. Stephen Wiehe, president and CEO of SciQuest, states, “SciQuest can now help customers, particularly in the commercial market, more efficiently acquire all of their goods and services – from the simplest and commonplace to the most complicated and strategic.”