After establishing priorities, strategic sourcing is conducted within a project management framework. The cross-functional sourcing team (CFST) assumes a vital role in comprehensive sourcing strategy implementation. To guide the establishment of CFSTs, essential good practice guides and templates include How to assemble a CFST, Functions and responsibilities of the CFST, Reasons for poor performance of CFST, Cross-function sourcing team charter, and a template for Cross-functional sourcing team charter and Cross-functional sourcing commodity team example.
