The Source

A blog on all things Supply Chain and our vision for the future of Procurement.

Does Ease-of-Use Matter in Sourcing Tech?

3 mins read

Does Ease-of-Use Matter in Sourcing Tech?

1/22/2023

When my dog was sick, the vet prescribed her some medication. We were instructed to mix the pills in with her food every night. The only…
How can procurement professionals maximize benefits of e-sourcing software

1 mins read

How can procurement professionals maximize benefits of e-sourcing software

1/12/2023

There are a few key ways in which procurement professionals can maximize the benefits of e-sourcing software: Use the software to automate…
White Paper: Inflation Gate

5 mins read

White Paper: Inflation Gate

12/4/2022

PDF version No – there isn’t a silver bullet, but in this article we detail a few approaches our customers have used to achieve impact…
How to Build a Car

4 mins read

How to Build a Car

10/31/2021

"Working at Tesla is the hardest job you're ever going to have." This is the kind of thing I heard all the time from tenured employees when…
What is Supply Chain?

4 mins read

What is Supply Chain?

10/31/2021

While there is no single definition, this felt like a pretty good one: The overly simplistic view of "supply chain" is it's just the flow…
What's the difference between Direct and Indirect Procurement?

3 mins read

What's the difference between Direct and Indirect Procurement?

10/30/2021

TLDR: Direct Procurement: things a company buys to put into a product it sells to customer Indirect Procurement: things a company buys to…
Supplier Partnership Hierarchy

5 mins read

Supplier Partnership Hierarchy

10/17/2021

Everybody knows the old adage: "You are what you eat." The same is true for supply chain. If your suppliers are unhealthy, your business is…
Incoterms: A Complete Guide

9 mins read

Incoterms: A Complete Guide

10/15/2021

Let's say you're a buyer, and just found a great seller, negotiated a price, and shook hands. Success! Now what? "Are you going to ship? Or…
Should-Cost Modeling Changes the Game

7 mins read

Should-Cost Modeling Changes the Game

10/15/2021

Have you heard of "3-Bids and a Buy"? It's a simple and classic approach to purchasing. It's quick and gets stuff done. A procurement…
Why procurement matters more than sales

4 mins read

Why procurement matters more than sales

10/13/2021

Procurement doesn't usually get the credit it deserves. Sales gets all the glory. When a sales person closes a new contract, it's high-fives…
The Third Wave of SaaS

3 mins read

The Third Wave of SaaS

10/11/2021

This post is extremely short, and captures a simple trend in software while explaining why LightSource feels like such magic. There are…
A cultural double-standard in Supply Chain

1 mins read

A cultural double-standard in Supply Chain

10/7/2021

If there’s one thing we’ve learned from this year it’s: Supply Chain is hard. Indeed, we’d make the argument that supply chain management is…
What is LightSource?

2 mins read

What is LightSource?

10/3/2021

Our mission At LightSource, our mission is to “illuminate the global supply chain”. To achieve this vision, we build software to help…