Strategic Sourcing: Concepts, Principles and Methodology

Sathit Parniangtong
Additional contact information
Sathit Parniangtong: CMBT Strategy and Management Consulting

Chapter 2 in Supply Management, 2016, pp 5-14 from Springer

Abstract: Abstract To successfully implement strategic sourcing, companies must know their most important goods and services and determine how vital they are to day-to-day operations, as well as to achieving longer-term business goals. Strategic sourcing takes on a new approach of collaboration of constituents across supply chain to better serve downstream customers that would result in enhancing longer-term profit enhancement. This chapter outlines strategic sourcing concepts, principles and methodology for executing the sourcing strategy.

Keywords: Sourcing methodology; Procurement operations; Collaborative approach; Expenditure category; Total cost of ownership (search for similar items in EconPapers)
Date: 2016
References: Add references at CitEc
Citations: View citations in EconPapers (1)

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:spr:mgmchp:978-981-10-1723-0_2

Ordering information: This item can be ordered from
http://www.springer.com/9789811017230

DOI: 10.1007/978-981-10-1723-0_2

Access Statistics for this chapter

More chapters in Management for Professionals from Springer
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().