Embarking on the procurement journey demands a strategic compass, and the Strategic Sourcing Methodology serves as that guiding force.
- A framework provides a structure and direction or a set of guidelines on a preferred way to do something without being too detailed or rigid. A methodology is an approach to ‘doing something’ with a defined set of rules, methods, tests activities, tools, models, deliverables, and processes that typically serve to solve a specific problem.
- It is from this perspective, that the strategic sourcing methodology will provide a step-by-step process with appropriate tools in the form of good practice guides and templates to aid in the implementation of the strategic sourcing process in the acquisition of goods and services.
- A methodology provides a process that, if it is followed, predetermines the outcome.
- It is from this basis that the strategic sourcing methodology if properly followed, will predetermine the outcomes.
- The strategic sourcing will have a methodology that provides a step-by-step process.
- The strategic sourcing methodology is divided into three phases and distinct stages 0-7 that contain the guides of good practice and the applicable tools.
