5 5 Strategic Sourcing IS NOT Just… Strategic Sourcing IS… A PROCESS for systematically analyzing and developing optimal strategies for buying goods and services DATA DRIVEN – fact-based analysis to drive decision making rather than just hunches A HOLISTIC process that addresses customer needs, market conditions, organizational goals and objectives, and other environmental factors Based on MARKET INTELLIGENCE and takes into account small business capabilities A COLLABORATIVE, CROSS-FUNCTIONAL approach About SUPPORTING AN ORGANIZATION'S MISSION through procured goods and services A PROCESS for systematically analyzing and developing optimal strategies for buying goods and services DATA DRIVEN – fact-based analysis to drive decision making rather than just hunches A HOLISTIC process that addresses customer needs, market conditions, organizational goals and objectives, and other environmental factors Based on MARKET INTELLIGENCE and takes into account small business capabilities A COLLABORATIVE, CROSS-FUNCTIONAL approach About SUPPORTING AN ORGANIZATION'S MISSION through procured goods and services The resulting contract Leveraged buying Contract consolidation/bundling Contracting and procurement About saving money The resulting contract Leveraged buying Contract consolidation/bundling Contracting and procurement About saving money DoD and Strategic Sourcing
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