You are currently viewing Post-COVID-19 Implications for Global Supply Chain Management: Part III

Post-COVID-19 Implications for Global Supply Chain Management: Part III

A proper strategic sourcing approach is grounded in microeconomic principles and designed to reduce costs for both parties in the long-term.

Here are a few more final key steps:

Perform disaggregated analysis on bidding data: A bidding process or request for proposal (RFP) is the main source of data and can be quite complex.