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Strategic Sourcing Process JUSTIN SOWA

Strategic Sourcing Presentation

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Page 1: Strategic Sourcing Presentation

Strategic Sourcing ProcessJUSTIN SOWA

Page 2: Strategic Sourcing Presentation

Definition of Strategy

Stakeholder Needs

Supply Base and Spend

Analysis

Market Analysis

Spend and Supply Base Alignment

Strategy Communication

Sourcing

Measurement

Page 3: Strategic Sourcing Presentation

Stakeholders

u The key to any strategy is understanding who your stakeholders areu Product groupu Sales / Marketing

u Engineeringu Executive Managementu Quality

u Manufacturing Plant

Page 4: Strategic Sourcing Presentation

Strategy Communication

u Your stakeholders are the key to communicationu How often do they require updates

u How involved do they like to be in the decision making processu The key thing to remember is that they are, often times, your key

to C-Suite approval and buy-in!

Page 5: Strategic Sourcing Presentation

u Communication Methodsu PowerPoint presentations

u Individual meetings

u Team meetings

u White Paper

u The best way, in my opinion, to communicate the strategy is ALL OF THE ABOVE

u If there is a failure to communicate, the best idea will die on the vine

Strategy Communication

Page 6: Strategic Sourcing Presentation

Justin Sowa, CPSM, C.P.M.

414-469-9150 [email protected] https://www.linkedin.com/in/sowajustinhttp://www.myresume.us.com/justinsowa.pdf