I’m betting not too many can answer this without looking it up!
I’m betting not too many can answer this without looking it up! See, it did not even have to do with procurement, but does make it much easier for companies like SafeSourcing to grow without the need for a huge development staff. We are an open-source user and it save both SafeSourcing and our customers money.
The term open-sourcing is the act of releasing previously proprietary software under an open source/free software license. Open sourcing also refers to any program which the source is made available for modification as developers use to fit their needs. Another term related to open-sourcing is Open Source. Open Source is a certification owned by the Open-Source Initiative (OSI). The purpose of the OSI is giving the developers of the software the ability to redistribute with the OSI trademark. Before the developers could redistribute with the OSI trademark, they must meet the requirements of the OSI.
SafeSourcing is an eprocurement company that operates across multiple industries. As such we have specific experience in almost any commodity, service or capital related spend including software and development costs. Our SafeSourceIt™ Global Supplier Database is an often used to help companies find open-source companies for their own use. To learn more, please contact a SafeSourcing customer services associate.