Lessons Learned: Ten Ideas for Effective Strategic Sourcing
George L. Harris
George L. Harris, President, Calyptus Consulting Group, Inc., (781) 674-0041; firstname.lastname@example.org
91st Annual International Conference Proceedings - 2006 - Minneapolis, MN
Effective Strategic Sourcing must be supported by an enabling infrastructure of processes, analysis, staff involvement and participation, and strategic focus. Based on a crossindustry review, ten specific areas for evaluation and improvement are offered that could add five to ten percent net savings to an organization's bottom line. Each finding is reviewed and actions are recommended if gaps exist.