Draft a sourcing plan of company X

1. Identification requirement. Explain how that firm identifies what is needed and which methods are used to identify the requirements

2. Sourcing plan. Explain if the company Buys/makes or Do. Which policies are followed. Does it do tenders, quotations. Do they buy local or international. What are sourcing strategies

3. Conduct market analysis. Trends of the market. Is there a company that's producing the same product. Pricing of the product. Tools: go via website

4. Free qualification of suppliers. Touch 10 cater 10c

5. Evaluate the supplier options. Will they use e-conomic tool, any criteria to evaluate

6. How will the relationship be develop