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Strategic Sourcing: Implementing It for a Successful Procurement Function

A methodology that reduces supply costs through the rationalization of your supplier base.

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Table of Contents

Strategic Sourcing: White Paper Chapters

Module 1 An Effective Method for a Successful Procurement Function

The TCO approach considers all costs related to the supplier relationship, moving beyond a mere price-focused logic. Evaluating only the purchase cost can lead to inefficiencies related to quality and deliveries, necessitating a more integrated procurement strategy.

Module 2 The 3 Steps of Strategic Sourcing

Strategic Sourcing is a structured methodology for optimizing purchases and reducing costs. It involves three phases: product classification, priority definition using the Kraljic Matrix, and analysis of categories to define strategies and monitor suppliers, thereby improving performance and Supply Chain management.

Module 3 Application Contexts

Strategic Sourcing helps plan medium-to-long-term strategies, enhance competitiveness, and support more informed decisions, making the Supply Chain more flexible and resilient.

Why the White Paper is Useful

Why Read the White Paper

Today, purchases account for up to 80% of the income statement, and an unreliable Supply Chain has 360° impacts. How can you simply support the definition of a solid and effective purchasing strategy?

  • What You Will Learn

    This White Paper provides an in-depth look at an innovative methodology that reduces supply costs through the rationalization of your supplier base.

  • Who It Is For

    The White Paper is aimed at Procurement Managers and Directors, Buyers, and personnel assigned to supplier base management activities.

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Optimize purchases with a structured approach.

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