Definitions[]
Strategic sourcing is
| “ | [a] collaborative and structured process of analyzing an organization's spend and using the information to make business decisions about acquiring commodities and services more efficiently and effectively.[1] | ” |
| “ | a process that moves a company away from numerous individual procurements to a broader aggregate approach.[2] | ” |
References[]
- ↑ Defense Acquisition University, ACQuipedia, Strategic Sourcing (full-text).
- ↑ Federal Software Licenses: Better Management Needed to Achieve Significant Savings Government-Wide, at 7 n.15.