Top 10 KPIs to benchmark your Sourcing & Procurement function performance
In the course of my 15+ years in Sourcing & Procurement, based on my personal experience as well as leveraging market analysts reports, I came to the point of …
Category: Opportunity Assessment
How to plan a Strategic Sourcing program | SSOA IV/IV
I have presented in the post SSOA III/IV how to prioritize SGs, depending on 1) the potential savings they could generate and 2) their easiness of implementation. The next …
Typical Total Acquisition Cost Model Elements
When the time comes to evaluate the Total Cost of Ownership (TCO) of a product/Service, it is better not to forget any critical element in the calculation of the …
A template to position Sourcing Groups on the Quadrant Matrix
In phase I/IV of a Strategic Sourcing Opportunity Assessment (see my HOWTO scope purchases post), you need to distribute your Sourcing Groups into 4 different categories (Standard, Commodity, Strategic, …
How to prioritize SGs | SSOA Part III/IV
Last time, I’ve explained in the post SSOA Part II/IV how to define which strategy and tactic to apply per SG. The third and next step is to define …
How to define a sourcing strategy and appropriate tactics | SSOA Part II/IV
In a former post, I’ve described – briefly but good enough I hope – how to scope the purchases to include in a Strategic Sourcing program. This was the …
How to scope purchases | SSOA Part I/IV
Using e-Tools or making savings on its Purchases shall always start by a Strategic Sourcing Opportunity Assessment (SSOA) so to identify right priorities at start and spend rigth effort …