"Vision without action is a daydream. Action without a vision is a nightmare." ~ Japanese proverb
What truly is vision put into action? In the world of Procurement, the answer is Strategic Sourcing. As Procurement professionals, we know that the overall goal of delivering substantial savings is enabled through this vital Element. Many organizations source their spend but the first word is often forgotten - Strategic. Strategic Sourcing is a process-based, data driven, six-sigma oriented methodology used to gather information and identify requirements to best manage and leverage organizational spend.