As such, SafeSourcing must be famous too.
Today’s post is by Ronald D. Southard, CEO at SafeSourcing Inc
I was reading a post on LinkedIn by Amintore Confalonieriv titled The Famous 7 Steps of Strategic Sourcing that caused me to reflect on a section of our customer prestation that we have used in sales and kickoff meetings for fifteen years when discussing how we take a category to market that compares favorably with Amintore’ s Seven Steps of Strategic Sourcing. I didn’t know they were famous, but they do align pretty well. I think you’ll enjoy the read. They are as follows.
Below are the Famous Seven Steps
- X Ray Phase | Fully understand the spend category.
- Supply Market Analysis
- Develop the Sourcing Strategy
- Start Sourcing Process
- Negotiation and Selection
- Communicate & Implement
- Benchmarking
And here are the seven steps that SafeSourcing uses. Pretty similar, I think. So, are we famous? I certainly hope so. If you are looking at your own process in Strategic sourcing or even tactical spot buys, I would read the Amintore’ s post. You could also call us at SafeSourcing for a more detailed explanation of our now famous steps.
- Analysis
- Value Assessment
- Strategy Development
- Event Setup
- Source Participants
- Event Execution
- Reporting/Analysis
SafeSourcing is a Procure to Pay SaaS based provider of a number of e-Procurement solutions and associated white glove services that are part of our SaaS offered SafeSourceIt™ eSourcing suite . These include but are not limited to SafeContract™, SafePO™, SafeDocument™ and our SafeSourceIt™ Global Supplier Database that includes over 557,000 vendor/suppliers.
For more information, please contact a SafeSourcing Customer Services Associate.