What Is #SocialProcurement
#SocialProcurement is the practice of posting structured sourcing requests on LinkedIn to identify and reach suppliers through professional networks.
Instead of relying only on RFQ platforms, directories, or intermediaries, #SocialProcurement turns a procurement professional’s existing professional network into an additional sourcing channel. #SocialProcurement adds another supplier-discovery channel.
The term “social procurement” is also used in public procurement to describe purchasing approaches intended to create social or socioeconomic value. #SocialProcurement, as used by this initiative, refers specifically to using professional social networks such as LinkedIn for supplier discovery and sourcing.
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