Here, you’ll learn the components of a COE for strategic sourcing and how to build one of your own.Ī Center of Excellence (COE) is a specialized team that provides A COE for strategic sourcing builds knowledge and leverages the best technologies into day-to-day operations to boost cost savings and productivity for enterprises of all sizes. But there’s a way to deliver even more business value with strategic sourcing. That’s why many procurement leaders are turning to strategic sourcing to meet this challenge. How can we maximize scarce resources? Is this supplier operating sustainably? What if a regional labor shortage impacts our supplier? It’s a tough job to refine and optimize an organization's supply chain in today’s complex economic conditions. Before founding Moneyball CPH, he was the head of Digital Procurement at a global shipping company and gained additional experience in the digital area for Oil & Gas, Retail, and Off-shore. Jacob is recognized as a global thought leader in digital procurement. Today’s post was written in partnership with Jacob Gorm Larsen at Moneyball CPH, a Danish firm which provides services within digital sourcing, e-auctions, sourcing optimization, and digital transformation of procurement.
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