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Strategic sourcing is an approach to supply chain management that formalizes the way information is gathered and used so that an organization can leverage its consolidated purchasing power to find the. Strategic sourcing is a method of managing procurement processes for an organization in which the. Pdf the role of strategic sourcing on global supply. In the services industry, strategic sourcing refers to a service.
Choosing which resources and capabilities to develop internally and which to procure. This book takes a process approach of identifying, evaluating, selecting, managing and developing suppliers to create more value for customers. This book is an authoritative guide on everything you need to know about being a procurement manager. About the book about the ebook 716 pages, hardcover, 1. Sourcing is not a destination, it is continuous process best practice vs. Traditionally focus of the sourcing team has been in strategic sourcing, but great value can be gained from working closely with key suppliers strategy development, sourcing and post award contract. Strategic global sourcing best practices wiley online books. From the pioneers of category management comes this firstever strategic sourcing book, covering the challenges faced. The window into strategic sourcing is the definitive text on this important subject, written by leaders in the field. Introduction to strategic sourcing, contracts, and.
Strategic procurement management provides a stepbystep guide to best practice in the field of procurement, and will help organisations unlock this potential. Strategic global sourcing best practices covers the latest. It can be defined as a collaborative teambased approach that. Supply management strategic sourcing sathit parniangtong. What is strategic sourcing and why is it important. It begins by outlining the mental shift necessary to build. The role of strategic sourcing on global supply chain competitiveness chapter pdf available january 2020 with 3,147 reads how we measure reads.
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