Strategic Sourcing Processes
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Is there a standard process for strategic sourcing that can be applied in any organization or should each define its own? For example: Some companies use the following sequence:
1. Identify the business drivers / strategic objectives
2. Analyse the spend and categorise into commodity categories
3. Create cross functional teams based on organisational / commodity requirements
4. Investigate the current situation / build a fact base
5. Identify and quantify opportunities
6. Finalise commodity strategies and obtain approval
7. Implement proposed strategy...
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Last edited by bernievn : 09-09-2008 at 04:54 PM.
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