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Strategic Sourcing Framework   15-slide PPT PowerPoint presentation (PPT)
$39.00

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Strategic Sourcing Framework (PowerPoint PPT)

File Type: 15-slide PPT PowerPoint presentation (PPT)

#3 in Procurement Strategy $39.00
This presentation is created by former McKinsey, BCG, Deloitte, EY, and Capgemini consultants. It explains the approach to Strategic Sourcing / Procurement Strategy utilized by global strategy consulting firms.
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DESCRIPTION

This product (Strategic Sourcing Framework) is a 15-slide PPT PowerPoint presentation (PPT), which you can download immediately upon purchase.

Strategic Sourcing (also known as Procurement Strategy or Sourcing Strategy) allows an organization to realize significant savings by evaluating its Procurement costs across a number of spend categories. This concept of Strategic Sourcing was popularized through work with a variety of blue chip companies by a number of consulting firms in the late 1980s and early to mid 1990s. (For a more detailed explanation, refer to the Wikipedia excerpt at the end of the description.)

If your organization is pursuing low-hanging opportunities for Cost Management, Strategic Sourcing is one of the quickest and highest impact initiatives to take on. This is why Strategic Sourcing has become the norm for Procurement departments in large, sophisticated organizations, such as Fortune 500 companies.

However, for Strategic Sourcing to be effective, we must follow a proven, methodical framework to go through the Strategic Sourcing process by correctly assessing the cost savings opportunities, developing a robust Sourcing Strategy, and successfully executing the Implementation Plan. This PowerPoint (PPT) presentation details a 4-phase framework to Strategic Sourcing, outlining time frames, activities, and outputs. It is the same framework developed and used by global management consulting firms.

The approach detailed in this presentation follows these 4 phases:

1. Assessment Snapshot – In the initial Assessment Snapshot phase, the organization's spend is assessed to determine the potential savings benefit.

2. Spend Analysis – This phase requires significant data analysis, requiring the development of a Spend Analysis Tool (typically in MS Access).

3. Category Sourcing – There are 2 types of Products that can be sourced – a Commodity Product or a Specialty Product. In this deck, we lay out the process for both types of products.

4. Implementation – Lastly, Implementation is the most important phase, where true savings are realized. There are multiple parallel streams within the Implementation phase.

Each phase is explained in detail, including a breakdown of sub-processes and activities. As alluded to, this framework can be applied to both Commodity and Specialty spend categories.

As this is a fully editable PowerPoint presentation, you can also adapt the slides as templates for your own Sourcing Strategy presentation. The 4-phase approach can used as a Sourcing Strategy template (PPT).

Wikipedia defines Strategic Sourcing as:

... the process of developing channels of supply at the lowest total cost, not just the lowest purchase price. It expands upon traditional organizational purchasing activities to embrace all activities within the Procurement cycle, from specification to receipt, payment for goods and services to sourcing production lines where the labor market would increase firms' ROI. Strategic Sourcing processes aim for continuous improvement and re-evaluation of the purchasing activities of an organization.

The document provides a comprehensive breakdown of key activities within each phase, ensuring clarity and actionable insights. Performing initial assessments upfront optimizes speed to value, while the implementation phase emphasizes governance and supplier management for sustained savings.

Got a question about the product? Email us at support@flevy.com or ask the author directly by using the "Ask the Author a Question" form. If you cannot view the preview above this document description, go here to view the large preview instead.

Source: Best Practices in Strategic Sourcing PowerPoint Slides: Strategic Sourcing Framework PowerPoint (PPT) Presentation, LearnPPT Consulting


$39.00
This presentation is created by former McKinsey, BCG, Deloitte, EY, and Capgemini consultants. It explains the approach to Strategic Sourcing / Procurement Strategy utilized by global strategy consulting firms.
Add to Cart
  

OVERVIEW

File Type: PowerPoint ppt (PPT)
File Size: 271 KB
Number of Slides: 15 (includes cover and all slides)

ABOUT THE AUTHOR

Additional documents from author: 110

We are a team of management consultants trained by top tier global consulting firms (including McKinsey, BCG, Deloitte, EY, Capgemini) with a collective experience of several decades. We specialize in business frameworks based on real-life consulting engagements.

We have served 100s of clients that range from Fortune 500 companies to tech startups to $1B+ private companies. [read more]

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