Strategic Sourcing: A Step-by-Step Practical Model
Robert J. Engel
Robert J. Engel, Vice President-Project Services, The Procurement Centre, 713-623-0111 Ext. 224; firstname.lastname@example.org
89th Annual International Conference Proceedings - 2004 - Philadelphia, PA
We hear and read a great deal of information in our Supply Chain profession about Strategic Sourcing. It is one of the most powerful tools that supply chain professionals and organizations have available to them to bring significant bottom line results to our company P&L statements. As our profession has evolved from the Purchasing Agent to Supply Chain mentality, strategic sourcing culminates the transformation as a collaborative process that is producing immediate and significant results required by the CEO. This workshop will be beneficial to both the seasoned supply chain professional as well as those who are new to our profession and will (1) define what is strategic sourcing, (2) provide a step by step review of a practical model, and (3) outline the benefits of successful sourcing initiatives.