Defining and digitizing direct procurement (Part 2) — More on direct materials sourcing [PRO]

Direct materials procurement Adobe Stock

In the previous installment of the introduction into the direct materials sourcing area (which itself is part of a broader direct procurement landscape), the focus was on direct spend analytics and design collaboration & early supplier involvement/innovation.

In this Spend Matters PRO installment, the focus will shift toward the next five areas, which move from collaboration on product lifecycle management (PLM) into cost management, supply chain and direct extensions of upstream source-to-pay (S2P) applications. And we’ll give examples of vendors that excel in these areas.

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