Assessment Phase Overview for Strategic Sourcing PPT
This PPT slide, part of the 15-slide Strategic Sourcing Framework PowerPoint presentation, presents an overview of the assessment phase for a strategic sourcing framework, detailing key activities and expected outputs. It is structured into 4 main sections: Initiate Project, Spend Analysis, Market Analysis, and Strategy Development. Each section outlines specific tasks and deliverables that are crucial for a comprehensive evaluation.
In the "Initiate Project" section, the focus is on mobilizing the team and gathering essential data. This includes requesting macro-level data related to spending, contracts, and process flows. Identifying key stakeholders and scheduling interviews is also emphasized, ensuring that the right people are engaged from the outset.
The "Spend Analysis" section highlights the importance of collecting and validating spend data. It involves investigating various data sources to assess volume, quality, and detail. Estimating the time required for a full spend analysis is also mentioned, indicating a structured approach to understanding financial flows within the organization.
Moving to "Market Analysis," the slide outlines activities aimed at assessing sourcing maturity through interviews. This includes evaluating organizational capacity, compliance processes, and existing systems. A high-level review of current sourcing initiatives is also part of this analysis, providing insights into recent successes and areas for improvement.
Finally, the "Strategy Development" section focuses on estimating the size and ease of implementing sourcing opportunities. It stresses the need to prioritize these opportunities based on organizational needs and to develop high-level recommendations for adopting best practices. The end goal is a prioritized list of opportunities that balances speed, value, and organizational requirements, setting the stage for effective implementation.
This slide is part of the Strategic Sourcing Framework PowerPoint presentation.
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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Procurement Strategy Strategy Development Market Analysis Best Practices Strategic Sourcing Compliance
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