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Procurement & Supply Chain · 02

Strategic Sourcing

Spend and category analysis, competitive sourcing and negotiation focused on best total value.

Capabilities

What this area covers

  • Spend analysis
  • Category analysis
  • Sourcing strategy
  • RFQ/RFP management
  • Supplier identification
  • Supplier prequalification
  • Competitive bidding
  • Commercial bid evaluation
  • Negotiation support
  • TCO
  • Cost benchmarking
  • Should-cost analysis where appropriate
  • Contracting strategy

Evaluation principle

Best Total Value — not lowest price alone

Possible evaluation dimensions: price, quality, delivery, terms, risk and lifecycle cost. Savings are not guaranteed.

Price Quality Delivery Terms Risk Lifecycle Cost

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Tell us briefly about the business challenge you are addressing. JIA will shape scope and method from there.