You are on page 1of 9

Struggling to Manage Procurement and Sourcing

Operations?
It can be overwhelming to navigate suppliers, contracts,
and negotiations, but the right strategic sourcing
approach can make all the difference.

Here’s 7 Steps to Strategic Sourcing Success >>>


1. Develop Category Strategies!

Identify key categories, Assess


category spend, and develop
effective strategies for each
category.
2. Develop and Manage Suppliers’ Processes!

This step covers everything from identifying and


selecting suppliers to negotiating contracts and
managing supplier performance.
3. Design & Operate Multiple Supply Networks

This step needs to focus on designing and


managing supply networks that can adapt to
changing business needs and ensure continuity
of supply.
4. Leveraging Technology Enablers

Step 4 includes identifying & selecting the right


technologies and tools available, including e-
sourcing, spend analytics, supplier relationship
management software etc.
5. Collaborate Internally & Externally

Build strong relationships with internal


stakeholders and external suppliers to
maximize value and drive results.
6. Attract & Retain Procurement Talents

Focus on attracting and retaining top talent in


procurement and sourcing and building a
high-performing team that can drive success.
7. Manage & Enable the Future Supply
Management Organization

This final step includes knowledge of emerging


trends and best practices for building a
sustainable, agile, and innovative supply
management organization.
Want to Learn More?
Then Look no Further than our Live Virtual Training …
7 Step Strategic Sourcing
March 30 to 31 - 2 Days (4 Hours per Day)
Live Virtual Instructor-Led Online Training

Whether you're a seasoned veteran or just starting out, this


program will help you take your procurement and sourcing
operations to the next level.
For full agenda and registration details about 7 Step Strategic
Sourcing ... Email: lindsay@ppc-inc.com

You might also like