Strategic Sourcing Has a New Definition
A year ago I argued in an Advisor that sourcing was about to get more strategic (see "Sourcing Is Getting More Strategic," 7 March 2007). That is, going forward, organizations would source more strategic business processes other than just IT service functions. I have concluded that even this definition is too limiting. Strategic sourcing can mean the sourcing of such functions as R&D, product development, or supply chain, but really should mean far more.
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