Key Areas of Assessment in Sourcing Strategy PPT

This PPT slide, part of the 15-slide Strategic Sourcing Framework PowerPoint presentation, outlines the Assessment Snapshot phase, focusing on 4 primary areas that are critical for evaluating sourcing opportunities. Each area is represented in a circular diagram, emphasizing their interconnectedness.

The first area, "Size of Opportunities," is assessed through macro-level spend analysis. This involves examining transaction volumes and the complexity of product categories. The slide suggests utilizing benchmarks where available,, but cautions against comparing dissimilar metrics, highlighting the need for precise evaluations.

Next is "Ease of Implementation of Sourcing Opportunities." This aspect evaluates how readily identified sourcing opportunities can be executed. It likely involves assessing organizational readiness and the potential barriers to implementation.

The "Capacity / Staffing Assessment" is another key area. It focuses on the organization's capability to manage sourcing processes. This assessment is conducted through stakeholder interviews and aims to evaluate existing processes for sourcing, procurement, and compliance. It also looks at the systems and tools in place that support these processes, as well as the skill levels of the staff involved.

Finally, "Organizational Capabilities" is examined through stakeholder interviews as well. This area assesses the overall capability of the organization to engage in effective sourcing and procurement practices.

The slide emphasizes that performing these initial assessments is crucial for optimizing value. Each area provides insights that can guide strategic decisions, ensuring that sourcing initiatives are both feasible and aligned with organizational goals.

EXPLORE MORE SLIDES FROM THIS PRESENTATION

EXPLORE MORE PRESENTATIONS ON

Procurement Strategy Strategic Sourcing Compliance