NLG Talks

Basics of Sourcing & Its Subsets

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In this podcast I am talking to Deepak an Eshwar on Sourcing which is one of the most critical element in a supply chain.

We cover :

  • What is Sourcing ?
  • Purpose/Function of Sourcing in Procurement?
  • Why Sourcing is Important?
  • Advantages of Sourcing
  • Sourcing Cycle Explained – Source to Pay (S2P)
  • Types of Sourcing – Outsourcing, Insourcing,
    • Near Sourcing Etc.
  • RFX Management, Supplier Selection, Bid Analysis, Negotiation, Supplier Performance, Benchmarking

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