Question

as we look into the future the traditional purchasing approach will be transformed into ____ . ___ will be the tool that drives supply management. as the world market for goods and services become a key competitive advantage is redefining the way companies manage their supply chains.

Answer 1

As we look into the future the traditional purchasing approach will be transformed into E-sourcing.

What is  E-sourcing?

• The typical seven-step sourcing procedure can be used with a number of e-Sourcing solutions.
• The procedures are the same whether e-sourcing software is used or not.
• The distinction is in how you carry out each action.
• You should choose the tools as a category manager or sourcing specialist that are most compatible with your company's goals.
• It takes considerable knowledge of every tool in the toolbox to know which tool to use when. E-sourcing tools are placed beneath the relevant steps in the sourcing process below.
• Simply put, e-Sourcing is a group of digital tools that aid in streamlining, streamlining, and improving the strategic sourcing activities and procurement processes carried out by the procurement team of an organization.

Hence, As we look into the future the traditional purchasing approach will be transformed into E-sourcing.

learn more about e-sourcing click here:

brainly.com/question/24319317

#SPJ4