A predicate to achieving greater value than just cost reductions from strategic sourcing initiatives is the need for organizations to establish the appropriate partner selection criteria. Although the specific criteria to determine partner suitability in a strategic sourcing context differ from criteria in a cost reduction scenario, the thinking that goes into criteria construction is similar. Because strategic sourcing is poised to grow rapidly, the importance of understanding how organizations can forge a successful sourcing marriage is high today.
Advisor
Strategic Sourcing Selection Criteria
By John Berry
Posted April 11, 2007 | Leadership | Leadership |
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