The Source

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

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…