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Consider this your required reading for all things sourcing and procurement. Check in every week for industry insights, in-depth analysis, expert perspectives, and the latest news from the sourcing world on the Scout Blog.

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Setting Strategic Sourcing up for Success in the Next Normal

If there’s anything the first half of 2020 has taught us, it’s to expect the unexpected. From pivoting to entirely remote operations, to shoring up disrupted supply chains, and taking a leading role in business continuity planning, strategic sourcing has been tackling uncertainty from all sides. With approximately 2.7B of the global populations affected by… read more

CAB 2020: ZOOMing Around the World

For CAB 2020, our amazing customers helped us take sourcing to places it’s never been before! With guests hailing from all over the world and sharing their stories, Scout RFP’s 5th annual Customer Advisory Board (CAB) was truly like no other. Over these past five years, we have been humbled by the creativity, innovation, and… read more

Strategic Sourcing in 2020: Three Key Takeaways for Healthcare Businesses

For the past several months, procurement leaders across all industries have stepped up and guided their organizations through unprecedented crisis. In the healthcare industry especially, procurement teams are playing an integral role in shaping the path forward while protecting patients and caregivers.  The most effective teams have set their sights on a few key areas:… read more

Welcome Home(page): Scout RFP Product Update

As more companies migrate their back office operations into the cloud and teams are spread across geographies, an organized system of record becomes mission-critical to the success of the sourcing organization. According to a Supply Chain Dive report, 72% of CFOs today wish to empower their strategic sourcing teams to become more agile and resilient… read more

4 New Ways Procurement is Supporting the Business

Strategic sourcing teams need a place to collaborate with each other and with their stakeholders to align on business continuity planning–from anywhere. They also need a centralized hub for all of their sourcing, contract, and supplier information so they can make data-driven decisions and drive immediate impact across the enterprise.  There’s no denying that the… read more

How 4 Businesses Are Stepping Up During Uncertainty

As companies and consumers alike experience the varied impacts of a turbulent and uncertain economy, many businesses are stepping u pto support their communities in new and creative ways. We are inspired by the responsiveness these businesses have shown in rapidly retooling and adjusting their operations under these circumstances. Stories of Support and Resilience Bacardi… read more

3 Ways Procurement Can Guide the Business Through Uncertainty

Businesses across the globe are settling in for the long haul of remote work and ongoing uncertainty. Amidst concerns for the health of their employees and the economic fluctuations, companies are looking to their sourcing and procurement teams to protect their futures and lead them into the next phase of “normal.”  With the right technology… read more