Question
Your team has implemented a commodity strategy and issued contracts to vendors.Your agencies accountable sourcing official has asked you to manage sourcing performance for your
Your team has implemented a commodity strategy and issued contracts to vendors.Your agencies accountable sourcing official has asked you to manage sourcing performance for your commodity.
Which of the following steps would NOT be applicable?
Identify data sources that can provide information about the company purchasing history?
Measure and report program performance by tracking and communicating progress toward achieving sourcing objectives.
Periodically re-evaluate the strategy, continuously benchmark the supply market, make adjustment to the sourcing strategy as appropriate.
Engage suppliers in ongoing improvements by continuously working with them to identify mutually beneficial process and other improvements.
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