Susan Fogarty

Sep 29, 2023 | techtarget.com | Cameron Hashemi-Pour |Susan Fogarty

Strategic sourcing software Strategic sourcing software is used to standardize sourcing requirements and provide a platform for collecting information about supplier performance, products, markets and business needs. This software is sometimes part of a larger procurement system, procure-to-pay platform, enterprise resource planning system or supply chain management system. Products that are labeled "strategic sourcing application suites" are growing in popularity, however.