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== Definition ==
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== Definitions ==
   
 
'''Strategic sourcing''' is
 
'''Strategic sourcing''' is
   
{{Quote|[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.<ref>[[Defense Acquisition University]], ACQuipedia, Strategic Sourcing ([https://acc.dau.mil/CommunityBrowser.aspx?id=280641 full-text]).</ref>}}
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{{Quote|[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 [[efficient]]ly and [[effective]]ly.<ref>[[Defense Acquisition University]], ACQuipedia, Strategic Sourcing ([https://acc.dau.mil/CommunityBrowser.aspx?id=280641 full-text]).</ref>}}
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{{Quote|a [[process]] that moves a company away from numerous individual [[procurement]]s to a broader aggregate approach.<ref>[[Federal Software Licenses: Better Management Needed to Achieve Significant Savings Government-Wide]], at 7 n.15.</ref>}}
   
 
== References ==
 
== References ==
 
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[[Category:Definition]]
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[[Category:Contract]]
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[[Category:U.S. government contracting]]

Latest revision as of 03:56, 23 May 2014

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[]