Manager Strategic Sourcing Interview Questions and Answers

Strategic sourcing is a procurement process that involves identifying, evaluating, and selecting suppliers to achieve long-term business goals.

• It involves analyzing the supply market and identifying potential suppliers

• It focuses on building long-term relationships with suppliers

• It aims to reduce costs, improve quality, and increase efficiency

• It involves negotiating contracts and managing supplier performance

• Examples of strategic sourcing include outsourcing, supplier consolid...read more