Table 1 Potential Solutions Process Step Implementation Details Ease of Implementation Estimated Impact on Cycle Time Foundations Provide visibility and communication (tool for common dashboard) High 14 days Define cross-functional teams for each category Easy 14 days Supplier interactive portal Extremely hard 7 days Standardized template repository Change management Extremely hard 30 days Plan Implement high-level sourcing plan Medium 14 days Create review committee Medium 30 days Prepare Develop scope templates Easy 1 day Develop working methodology for CFT Medium 2 days Source Rubric development Easy 1 day Streamline response review process electronic submission of responses Extremely hard 3 days Develop commercial negotiation strategy by category Easy Increase of 7 days Validate Establish validation team and working methodology Easy 30 days Working methodology for finalizing contract Medium 21 days Standard file and automatic report generation Medium 28 days

Use Table 1 to determine the potential solution that should be implemented first. Justify your answer.