Strategic sourcing is about understanding the markets you're purchasing from inside and out and learning from your own organization and your suppliers' organizational processes,working as a mediator between suppliers and your organization,and capturing information and using it to improve relationships.

Question

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Strategic sourcing involves all the aspects mentioned in the statement including understanding markets, learning from organizational processes, working as a mediator, and capturing information to improve relationships.

Strategic Sourcing Is About Understanding the Markets You're Purchasing from Inside