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OFFICE OF STATE PROCUREMENTSTRATEGIC SOURCING MANUALStrategy DevelopmentSourcing & ImplementationContinuous ImprovementDate of Issue:October 2015Version 1 RECORD OF CHANGESVersion NumberDatePerson
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How to fill out strategic sourcing manual

How to fill out strategic sourcing manual
01
Step 1: Start by thoroughly examining your current sourcing practices and identifying areas for improvement.
02
Step 2: Develop a clear and concise strategic sourcing plan that aligns with your organization's goals and objectives.
03
Step 3: Create a manual template that includes sections for defining sourcing objectives, identifying suppliers, setting negotiation strategies, and outlining the procurement process.
04
Step 4: Fill out the manual by providing detailed instructions for each sourcing activity, including supplier evaluation, bidding process, contract negotiation, and performance measurement.
05
Step 5: Ensure that the manual includes guidelines for managing supplier relationships, contract administration, and ongoing monitoring of sourcing activities.
06
Step 6: Review and update the strategic sourcing manual regularly to reflect changes in organizational needs, market conditions, and industry trends.
Who needs strategic sourcing manual?
01
Large corporations that regularly engage in procurement and sourcing activities.
02
Organizations aiming to optimize their supply chain management and reduce costs through strategic sourcing.
03
Procurement professionals who want a standardized and unified approach to sourcing activities.
04
Companies seeking to improve supplier selection, negotiation, and contract management processes.
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What is strategic sourcing manual?
The strategic sourcing manual is a document that outlines the processes and procedures for procuring goods and services in a strategic and efficient manner.
Who is required to file strategic sourcing manual?
All departments and agencies within the organization are required to file a strategic sourcing manual.
How to fill out strategic sourcing manual?
The strategic sourcing manual should be filled out by following the guidelines and templates provided by the procurement department.
What is the purpose of strategic sourcing manual?
The purpose of the strategic sourcing manual is to streamline and standardize procurement practices to achieve cost savings and improve efficiency.
What information must be reported on strategic sourcing manual?
The strategic sourcing manual must include information on procurement policies, procedures, supplier evaluation criteria, and contract management processes.
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