Sourcing Strategy Toolkit

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Establish Sourcing Strategy: deep industry expertise in Digital Banking, pioneering payments leadership across business, operations, and technology.

More Uses of the Sourcing Strategy Toolkit:

  • Contribute to Resource Management through headcount planning, skill need identification and Sourcing Strategy design.

  • Warrant that your business complies; directs the development of the IT Sourcing Strategy and provides executive oversight for strategic vendor and partner Relationship Management.

  • Be accountable for the design, build, and run of the data Sourcing Strategy to support downstream consumption across consumption methods (traditional BI and advanced analytics).

  • Ensure you design; broad Knowledge Base of manufacturing principles, Sourcing Strategy development, practices and procedures.

  • Guide Sourcing Strategy: direct the development of infrastructure Sourcing Strategy and providing executive oversight for strategic vendor and partner Relationship Management.

  • Drive Sourcing Strategy: direct the development of an infrastructure Sourcing Strategy and provide executive oversight for strategic vendor and partner Relationship Management.

  • Create and analyze datasets to inform Sourcing Strategy, tactical procurement visibility, quality, delivery, and cost performance.

  • Assure your design measures the cost Benefit Analysis for each Sourcing Strategy.

  • Set Sourcing Strategy based on overall procurement objectives, Customer Needs, supply market dynamics, technological changes in the marketplace and other relevant factors derived from extensive research.

  • Secure that your organization complies; directs the development of IT Sourcing Strategy and provides executive oversight for strategic vendor and partner Relationship Management.

  • Develop and execute the Sourcing Strategy with a focus on sales Growth Initiatives, profitability, Risk Mitigation, supplier development, and Supplier Management.

  • Confirm your design measures the cost Benefit Analysis for each Sourcing Strategy.

  • Collaborate with Strategic Sourcing team members on Sourcing Strategy, Best Practices, and Knowledge Transfer.

  • Develop and execute a strategic outSourcing Strategy with key partners to ensure the highest level of Cost Effectiveness and quality output that support the internal standard of Operational Excellence.

  • Ensure Service Delivery meets thE Business requirements of the Sourcing Strategy (based on defined SLAs) and align Service Delivery capacity to Business Demands, while managing Customer Satisfaction.

  • Be certain that your organization complies; directs the development of IT Sourcing Strategy and provides executive oversight for strategic vendor and partner Relationship Management.

  • Manage the development of infrastructure Sourcing Strategy and provide executive oversight for strategic vendor and partner Relationship Management.

  • Ensure you govern; lead process begins at raw component sourcing to End Product distribution with high quality, compliance, and service performance.

  • Lead Sourcing Strategy: partner with Internal Stakeholders to determine requirements and develop sourcing pipeline to drive Cost Reduction, improved supplier performance, Demand Management and reduced risk.

  • Ensure you conduct; lead process begins at raw component sourcing to End Product distribution with high quality, compliance, and service performance.

  • Arrange that your corporation assess engine components and tools, Supplier Quality systems, supplier selection, and Strategic Sourcing Process development with the objective of overall Quality Improvement and resolution of supplier Quality Issues.

  • Drive Sourcing Strategy: conduct Workforce Planning using analysis that takes into account Disruptive Technology and Adaptive Sourcing strategies.

  • Interpret data on logistics elements, as availability, maintainability, reliability, Supply Chain Management, Strategic Sourcing or distribution, Supplier Management, or transportation.

  • Improve its sourcing of Goods And Services and Vendor Management and Third Party Risk mitigation by reviewing and analyzing metrics.

  • Manage work with thE Business unit, finance and sourcing to develop and implement improved and controlled Procure To Pay/Supply Chain and contract/solution Compliance Processes.

  • Supervise Sourcing Strategy: mentor and lead assigned categories to support sourcing and Supplier Management while driving Cost Savings and continuous Improvement Initiatives.

  • Ensure appropriate Risk Mitigation Strategies are an intrinsic part of sourcing and contract Development Efforts.

  • Anticipate and meet the evolving talent needs of your organization through proactive sourcing using a headhunting mindset and interviewing using an executive recruiter approach.

  • Provide sourcing and procurement services for Goods And Services that support the management of the corporate real estate portfolio.

  • Do category and supplier research to understand the market as part of sourcing initiatives.

  • AudIT Sourcing Strategy: work closely with your sales and product leadership to pinpoint new features with the goal of improving your product, sales strategy and process.

  • Create and lead development of the DVP for validating Body Structures material joint assumptions.

 

Save time, empower your teams and effectively upgrade your processes with access to this practical Sourcing Strategy Toolkit and guide. Address common challenges with best-practice templates, step-by-step Work Plans and maturity diagnostics for any Sourcing Strategy related project.

Download the Toolkit and in Three Steps you will be guided from idea to implementation results.

The Toolkit contains the following practical and powerful enablers with new and updated Sourcing Strategy specific requirements:


STEP 1: Get your bearings

Start with...

  • The latest quick edition of the Sourcing Strategy Self Assessment book in PDF containing 49 requirements to perform a quickscan, get an overview and share with stakeholders.

Organized in a Data Driven improvement cycle RDMAICS (Recognize, Define, Measure, Analyze, Improve, Control and Sustain), check the…

  • Example pre-filled Self-Assessment Excel Dashboard to get familiar with results generation

Then find your goals...


STEP 2: Set concrete goals, tasks, dates and numbers you can track

Featuring 999 new and updated case-based questions, organized into seven core areas of Process Design, this Self-Assessment will help you identify areas in which Sourcing Strategy improvements can be made.

Examples; 10 of the 999 standard requirements:

  1. What are the top 3 things at the forefront of your Sourcing Strategy agendas for the next 3 years?

  2. What happens at your organization when people fail?

  3. Does your organization need more Sourcing Strategy education?

  4. What are the Sourcing Strategy resources needed?

  5. What types of data do your Sourcing Strategy indicators require?

  6. Are Sourcing Strategy changes recognized early enough to be approved through the regular process?

  7. What is the Value Stream Mapping?

  8. What are the essentials of internal Sourcing Strategy management?

  9. Have the concerns of stakeholders to help identify and define potential barriers been obtained and analyzed?

  10. What harm might be caused?


Complete the self assessment, on your own or with a team in a workshop setting. Use the workbook together with the self assessment requirements spreadsheet:

  • The workbook is the latest in-depth complete edition of the Sourcing Strategy book in PDF containing 994 requirements, which criteria correspond to the criteria in...

Your Sourcing Strategy self-assessment dashboard which gives you your dynamically prioritized projects-ready tool and shows your organization exactly what to do next:

  • The Self-Assessment Excel Dashboard; with the Sourcing Strategy Self-Assessment and Scorecard you will develop a clear picture of which Sourcing Strategy areas need attention, which requirements you should focus on and who will be responsible for them:

    • Shows your organization instant insight in areas for improvement: Auto generates reports, radar chart for maturity assessment, insights per process and participant and bespoke, ready to use, RACI Matrix
    • Gives you a professional Dashboard to guide and perform a thorough Sourcing Strategy Self-Assessment
    • Is secure: Ensures offline Data Protection of your Self-Assessment results
    • Dynamically prioritized projects-ready RACI Matrix shows your organization exactly what to do next:

 

STEP 3: Implement, Track, follow up and revise strategy

The outcomes of STEP 2, the self assessment, are the inputs for STEP 3; Start and manage Sourcing Strategy projects with the 62 implementation resources:

  • 62 step-by-step Sourcing Strategy Project Management Form Templates covering over 1500 Sourcing Strategy project requirements and success criteria:

Examples; 10 of the check box criteria:

  1. Cost Management Plan: Eac -estimate at completion, what is the total job expected to cost?

  2. Activity Cost Estimates: In which phase of the Acquisition Process cycle does source qualifications reside?

  3. Project Scope Statement: Will all Sourcing Strategy project issues be unconditionally tracked through the Issue Resolution process?

  4. Closing Process Group: Did the Sourcing Strategy Project Team have enough people to execute the Sourcing Strategy Project Plan?

  5. Source Selection Criteria: What are the guidelines regarding award without considerations?

  6. Scope Management Plan: Are Corrective Actions taken when actual results are substantially different from detailed Sourcing Strategy Project Plan (variances)?

  7. Initiating Process Group: During which stage of Risk planning are risks prioritized based on probability and impact?

  8. Cost Management Plan: Is your organization certified as a supplier, wholesaler, regular dealer, or manufacturer of corresponding products/supplies?

  9. Procurement Audit: Was a formal review of tenders received undertaken?

  10. Activity Cost Estimates: What procedures are put in place regarding bidding and cost comparisons, if any?

 
Step-by-step and complete Sourcing Strategy Project Management Forms and Templates including check box criteria and templates.

1.0 Initiating Process Group:


2.0 Planning Process Group:


3.0 Executing Process Group:

  • 3.1 Team Member Status Report
  • 3.2 Change Request
  • 3.3 Change Log
  • 3.4 Decision Log
  • 3.5 Quality Audit
  • 3.6 Team Directory
  • 3.7 Team Operating Agreement
  • 3.8 Team Performance Assessment
  • 3.9 Team Member Performance Assessment
  • 3.10 Issue Log


4.0 Monitoring and Controlling Process Group:

  • 4.1 Sourcing Strategy project Performance Report
  • 4.2 Variance Analysis
  • 4.3 Earned Value Status
  • 4.4 Risk Audit
  • 4.5 Contractor Status Report
  • 4.6 Formal Acceptance


5.0 Closing Process Group:

  • 5.1 Procurement Audit
  • 5.2 Contract Close-Out
  • 5.3 Sourcing Strategy project or Phase Close-Out
  • 5.4 Lessons Learned

 

Results

With this Three Step process you will have all the tools you need for any Sourcing Strategy project with this in-depth Sourcing Strategy Toolkit.

In using the Toolkit you will be better able to:

  • Diagnose Sourcing Strategy projects, initiatives, organizations, businesses and processes using accepted diagnostic standards and practices
  • Implement evidence-based Best Practice strategies aligned with overall goals
  • Integrate recent advances in Sourcing Strategy and put Process Design strategies into practice according to Best Practice guidelines

Defining, designing, creating, and implementing a process to solve a business challenge or meet a business objective is the most valuable role; In EVERY company, organization and department.

Unless you are talking a one-time, single-use project within a business, there should be a process. Whether that process is managed and implemented by humans, AI, or a combination of the two, it needs to be designed by someone with a complex enough perspective to ask the right questions. Someone capable of asking the right questions and step back and say, 'What are we really trying to accomplish here? And is there a different way to look at it?'

This Toolkit empowers people to do just that - whether their title is entrepreneur, manager, consultant, (Vice-)President, CxO etc... - they are the people who rule the future. They are the person who asks the right questions to make Sourcing Strategy investments work better.

This Sourcing Strategy All-Inclusive Toolkit enables You to be that person.

 

Includes lifetime updates

Every self assessment comes with Lifetime Updates and Lifetime Free Updated Books. Lifetime Updates is an industry-first feature which allows you to receive verified self assessment updates, ensuring you always have the most accurate information at your fingertips.