STRATEGIC SOURCING PROCESS

Week 4 Lecture Worksheet

Your Name:

Class Section:

When you have completed this worksheet, please submit it to the D2L Dropbox

Review the table provided and fill in the boxes:

• Section #1: for each Step, check which Procurement Role(s) will be involved in this step

• Section #2: for each Step, check what skills are required to successfully complete this step and add value to the business

STRATEGIC SOURCING PROCESS
Process Steps	Section #1: Roles			Section #2: Skills
	PROCESS: Strategic Sourcing	PROCESS: Procurement	ACTIVITY: Purchasing	Process	Technology	People (OB)
1. Develop Strategic Plan
2. Understand Spend
3. Evaluate Supply Sources
4. Finalize Sourcing Strategy
5. Implement Sourcing Strategy
6. Onboarding & Transitioning
7. Collaborative Process Improvement

• Section #3: IN YOUR OWN WORDS, explain why all 3 Roles are important to successfully complete the 7 Steps of the Strategic Sourcing Process.

• Section #4: What do you think the key factors are, in deciding how these roles fit into the broader organization?