In a former post, I’ve described – briefly but good enough I hope – how to scope the purchases to include in a Strategic Sourcing program. This was the Part I/IV of the Strategic Sourcing Opportunity Analysis methodology (SSOA) I wanted to share online. Let me now bring you to the second step, starting once [...]
At the moment you have finalised your spend analysis and bundled your purchasing items into commodities or Sourcing Groups, you might find this excel spreadsheet useful to identify which ones are the most appropriate to go through a complete strategic sourcing methodology. Nothing fancy here, only pragmatic factors about markets, suppliers, products and ‘buying’, sorted [...]
This research report (2003 – from CAP Research) develops a structured, multi-phase, analytical methodology for evaluating alternative e-procurement solutions. The motivation for this CAPS Research focus study stemmed from the observation that procurement executives were reliant on the claims made by solution providers regarding the anticipated benefits and return on investment (ROI) in e-procurement solutions. [...]
This one is a nice one: The ’7 step’ Strategic Sourcing approach described by a Vice President of AT Kearney. A reference. Points of Interest At a glance, here are the main points covered in this article. By reading it, you will learn: The elements critical for a successful strategic sourcing environment How the strategic [...]
The Sourcing Tree is a representation of a categorisation of your purchases. It’s a key component of a Strategic Sourcig approach and enables executing your spend analysis and project prioritisation. There’s nothing better than an example to explain what it is, so below is a sourcing tree (well, only a part of it) related to [...]
Strategic Sourcing methodology is used to identify, examine, select and implement sourcing alternatives for a specific Sourcing Group (SG). It encompass the whole process for evaluating, selecting and aligning with supplier(s) to achieve operational improvements and support overall strategic objectives. Strategic Sourcing focuses on total costs and not just the purchase price; Strategic Sourcing assists [...]
Using e-Tools or making savings on its Purchases shall always start by a Strategic Sourcing Opportunity Assessment (SSOA) so to identify right priorities at start and spend rigth effort on right Sourcing Groups. Here is a basic 4-step-methodology that might help you to get started. In this post, I will just explain the first step. [...]
José Manuel Iáñez | Partner-Director of Iáñez & Tapia explaines simply and clearly how to analyse a reverse auction suitability, considering the position of the product or service to be acquired from three different perspectives, represented by three quadrant matrix graphs. Superbe!.” The limited application of the auction is demonstrated by the survey sponsored by [...]
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