How to: Implement strategic sourcing

-- Purchasing, 12/13/2007

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