Building a Methodology 101: Boosting Sourcing Management Performance

by John Berry

Organizations that are serious about sourcing might consider building a planning, decision-making, and execution methodology to boost internal management performance and total value creation from sourcing initiatives. While the idea of creating a methodology from nothing might seem intimidating at first, the construction process is not as hard as it sounds. This Executive Report outlines the broad principles behind constructing a methodology that, if followed correctly, will inject discipline, clarity, and sophistication into the process of managing sourcing initiatives. The report also attempts to persuade readers that the heavy lifting is worth the effort.