How to Engage in a Strategic Sourcing Relationship
- Topics:
- Evaluation
- Tags:
- Alliance,
- Management,
- Strategic Sourcing,
- Strategy
- Source:
- The Outsourcing Institute
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Overview: In business today, one fact has become clear: The ability to forge, manage and sustain strategic sourcing relationships is increasingly critical to competitive success. Such relationships, however, are often handled in an ad hoc, trial-and-error manner. Outsourcing providers can benefit from encouraging their potential clients as well as current clients to adopt an alliance process. Providers will find it to their benefit if their clients have an organizational understanding as to the reasons why an alliance will benefit their organization. Implementing a structure within the client organization that has responsibility for the success of the alliance will improve the alliance chances for success. This article is an excerpt of a manual prepared by The Warren Company for its clients. Its intent is to assist senior executives understand and implement strategic outsourcing arrangements within their organizations. This excerpt is a section of the Strategy section of the manual. It does not encompass the entire Strategy section found in the manual. Generally, these kinds of arrangements require more effort in terms of making sure the various partners are in alignment and that the overall arrangement is managed well on an ongoing basis.
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Format: HTML | Date: Jan 2003 | Pages: 1
