Sourcing Strategy Development

•  Develop Spiral CSS

o  Sourcing Strategies have far reaching implications. They focus on more than just on acquisition cost. The team should identify all facets of the supply value chain and the touch points with the sourcing strategy

o  Ensure the team evaluates non-acquisition strategies as options. These may include demand management, standardization, policy, insourcing, etc.

o  Define leverage opportunities. Consider ways to lower costs, consolidation of purchasing office activities, and how the number of contracts may affect overall commodity costs

o  The recommended components of a CSS can be found here.

o  Brief customers on sourcing strategy recommendations and solution set

•  Chair and Approve Spiral CSS

o  The CSOs will review and approve the CSS after meeting with the team to obtain an understanding of the recommendations and how they were identified and validated