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Book synopsis

Essay from the year 2010 in the subject Business economics - Supply, Production, Logistics, grade: 98.00, University of Phoenix, course: ISCOM 373 Global Sourcing and Procurement, language: English, comment: Double spaced , abstract: Sourcing Process Evaluation SummaryOrganizations face challenges on how to remain financially healthy. As a result, many organizations seek ways to lower costs, improve processes, and remain focused on their corer competencies. To assist organizations attain these goals, proper sourcing of tasks and processes must be found. A proper mix of sourcing can assist an organizations improve its business processes, improve its financial health, and improve its competitive advantage. This summary will describe the steps to successful sourcing, challenges and opportunities for insourcing versus outsourcing parts, and advantages and disadvantages of global versus domestic sourcing. In addition, this summary will review how translating corporate objectives into procurement goals is necessary, establishing business unit requirement processes, and conducting supply market research is necessary. Finally, setting material management goals, implementing strategic execution, and reciprocity is discussed.

Book details

Book category Books in English Economics, finance, business & management Business & management

• Full title: Sourcing Process Evaluation Summary
• Author: James Tallant
• Language: English
• Binding: Paperback
• Number of pages: 16
• EAN: 9783640837847
• ISBN: 3640837843
• ID: 02079829
• Publisher: Grin Publishing
• Weight: 45 g
• Dimensions: 254 × 178 × 1 mm
• Date of publishing: 20. August 2013

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