Manufacturing Industry
Ariba expects subscription model to broaden its customer base.(ON-DEMAND APPLICATIONS)
Manufacturing Business Technology, December, 2005 by Wheatley, Malcolm
Studies of strategic sourcing generally produce the same conclusion: the practice yields substantial benefits-ranging from lower procurement costs to improved product quality-but developing a successful strategic sourcing program isn't easy. The difficulty stems largely from the numerous processes--from synchronizing data stored in multiple systems to monitoring supplier performance--that must be managed for strategic sourcing to pay off.
Forrester Research, Cambridge, Mass., cited these factors in a November 2004 report that indicates true strategic sourcing is practiced mostly by large corporations with the resources to overcome these obstacles. Considering these circumstances, it's not surprising that strategic sourcing vendors have aimed their...
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