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Sourcing


Source: Procurement Glossary
Author: Paul Rogers
Institute: CIPS - UK

Courtesy of


 

Sourcing describes all those activities within the procurement process concerned with identifying and evaluating potential suppliers, engaging with selected suppliers and selecting the best value supplier(s).  The outcome of the sourcing process is usually a contract or arrangement that defines what is to be procured, on what terms and from which suppliers.  The phrase ‘strategic sourcing’ may be used to describe the application of the sourcing process to significant acquisitions, or the team that manages the sourcing process on behalf of the organisation.

The scope of the sourcing process usually includes the following key activities: understanding the need; evaluating the supply market; developing an appropriate strategy; executing that strategy, usually involving market interactions such as the issue of an RFP and/or negotiation; selecting supplier(s); and developing a contractual agreement.  See also Sourcing Strategy.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 




Job Opportunities
 
Procurement Manager
     
     Wood Dale  -  PERM  -  Michael Page

Strategic Sourcing Manager, Packaging and Chemicals
     
     Boston  -  PERM  -  Michael Page

Master Scheduler
     
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Senior Buyer
     
     Chicago Heights  -  PERM  -  Michael Page

Procurement Manager
     
     New York  -  PERM  -  Michael Page

Warehouse Operations Manager
     
     Redondo Beach  -  PERM  -  Michael Page

Senior Manager- Indirect Procurement (P2P)
     
     New York  -  PERM  -  Michael Page

IT Strategic Sourcing Analyst
     
     Boston  -  PERM  -  Michael Page

IT Procurement Category Manager
     
     Oak Brook  -  PERM  -  Michael Page

Senior Buyer
     
     Crete  -  PERM  -  Michael Page

Buyer
     
     Crete  -  PERM  -  Michael Page

Senior Category Manager - Facility Services
     
     Chicago  -  PERM  -  Michael Page

Senior Procurement Manager - Facility Services
     
     Chicago  -  PERM  -  Michael Page

Material Handler I - B Shift
     
     Saint Charles, Missouri  -  PERM  -  Nike Inc.

Production Supervisor - Air MI
     
     Missouri  -  PERM  -  Nike Inc.



 
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