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  • How to: Implement strategic sourcing

    By Purchasing Staff -- Purchasing, 12/13/2007 2:00:00 AM

    Welcome to Purchasing.com's "How To" series on implementing and managing the strategic sourcing process. The series is based on the seven-step strategic sourcing process. Each of the seven steps is broken down in a separate package of interviews with real buyers and procurement executives knowledgeable in the specific step of the strategic sourcing process.

    This series is more of a conversation than a tutorial, and we want you to join the conversation. Send your comments to pteague@reedbusiness.com, and write “strategic sourcing” in the subject line.

    Step 1

    How to: Analyze the supply market

    Step 2

    How to: Select a sourcing strategy

    Step 3

    How to: Identify available suppliers

    Step 4:

    How to: Narrow your supplier list

    Step 5:

    How to: Negotiate with suppliers

    Step 6:

    How to: Integrate suppliers

    Step 7:

    How to: Monitor supplier performance

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