Getting Started - The Basics of Organizing a Strategic Sourcing Program

Topics:
Sourcing
Tags:
Business Operations,
Purchasing & Procurement,
Staffing,
Strategic Sourcing,
United Parcel Service Of America Inc.
Source:
United Parcel Service of America

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Overview: The fast pace of growth has kept the operations in tactical delivery mode, so much so that the number of transactions, suppliers, databases and staffing counts have ballooned. A quick look at operational data shows fragmented spend characteristics, diverse payment terms and SKU proliferation. The organization charts show that procurement staff members are positioned to handle workloads, not manage commodities per se. A strategic sourcing program can save the company money, improve asset utilization and improve product quality. This paper explores the opportunities and presents a recommended approach for developing a strategic sourcing program.

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Format: PDF | Size: 450KB | Date: Jan 2005 | Pages: 7

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