2. Managing Sourcing and Procurement Processes

Managing strategic sourcing and procurement processes can be difficult for many reasons, ranging from inflexible organizational structures, existing systems, policies and procedures, to inflexible organizational cultures and their established norms. However, most firms find the process relatively straightforward. Many seek outside council from consultants such as Ariba, A.T. Kearney, and Insight Sourcing Group. For example, Ariba’s web page reads as follows:

Control the Spending, Collaborate with Suppliers, and Contribute to the Bottom Line

Buying smarter isn’t just buying at the lowest price. It’s knowing everything about your company’s spending habits, and using that knowledge to be a stronger ...

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