In the good old days of strategic sourcing, supply chain organizations, inspired by consulting firms and investment bankers, executed a rigorous seven-step strategic sourcing process to lower costs ...

While traditionally the goal of sourcing has been to identify and award a supplier that best meets the business requirements and is the most cost effective, in 2020, the game changed dramatically. As ...

Spencer Penn is Co-Founder & CEO of LightSource, an AI-powered strategic sourcing platform. He was named to Forbes 30 Under ...

I spend a lot of time connecting with executive supply chain and procurement leaders. Many of these folks are now actively rethinking their strategic sourcing and supply management approaches. Supply ...