
Why Your Sourcing Strategy Is Failing — And How Smarter Procurement Can Save It The Harsh Truth About Failing Sourcing Strategies We hate to say it, but most sourcing strategies are broken before they even begin. Why? Because they're built on assumptions that no longer hold true. Ignoring Real Market Conditions Markets change. Fast. If your sourcing team is still using last year’s cost models or pre-pandemic supplier maps, you're flying blind. Prices, logistics, and demand curves have all shifted dramatically. Are you keeping up? Relying on Outdated Supplier Networks Maybe your supplier has been “good to you” for 10 years. But loyalty doesn't mean efficiency. If they can't meet your quality, speed, or pricing needs now — it's time to reevaluate. Common Signs Your Sourcing Strategy is in Trouble Rising Costs with No Value Increase You're spending more, but getting less. Sound familiar? That’s a glaring red flag that your strategy is reactive,...