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Supply Market Intelligence for Procurement Professionals by Kelly Barner, Jeanette Jones

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SUPPLY MARKET INTELLIGENCE CREATION PROCESS

To this point in the book, we have defined supply market intelligence and looked at how it fits into the rest of the procurement system. Now, we will review the process for creating supply market intelligence within a specific procurement effort, such as a sourcing project or a supplier performance review. Although leveraging intelligence is the end goal, it is the end-to-end process for creating it that we address in this chapter.

At a high level, the supply market intelligence creation process consists of four steps, plus an independent approval hurdle that must be met before the intelligence documentation ...

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