Strategic Sourcing & Procurement
Description
Executes category strategies and procurement processes to secure the best total cost of ownership while managing supply risk. This capability applies rigorous market analysis, competitive tendering, and supplier evaluation to achieve optimal commercial outcomes, while ensuring the supply base remains resilient and diversified.
Key Activities
- Category management
- Request for proposal (RFP) management
- Supplier evaluation and selection
- Purchase order management
Enabling Systems
- e-Procurement platforms
- Sourcing platforms
- ERP procurement modules