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Division of Finance and Business OperationsProcurement & Strategic Sourcing5700 Class Avenue, suite 4200 Detroit, Michigan 48202 (313) 5773734FAX (313) 5773747April 14, 2021Addendum # 2 to Wayne State
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How to fill out procurement ampamp strategic sourcing

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Procurement and strategic sourcing is the process of obtaining goods and services in the most cost-effective and efficient manner.
Government agencies and organizations are typically required to file procurement and strategic sourcing reports.
To fill out procurement and strategic sourcing reports, organizations must gather data on their procurement activities and sourcing strategies.
The purpose of procurement and strategic sourcing is to optimize purchasing decisions, reduce costs, and improve supply chain efficiency.
Information such as total spending, suppliers used, and cost savings achieved through procurement activities must be reported on procurement and strategic sourcing reports.
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