An Overview of the Strategic Sourcing Process
This presentation describes a 7 step process to strategic sourcing.
The IT sourcing process is the set of steps an organization takes to procure IT goods and services from external vendors. An effective IT sourcing process ensures that the organization’s IT needs are met in a timely and cost-effective manner while mitigating risk and ensuring compliance with relevant regulations and industry standards.
The IT sourcing process typically includes the following key steps:
Effective IT sourcing process requires a deep understanding of the organization’s IT needs, as well as the vendor landscape and market trends. IT executives should ensure that the IT sourcing process is well defined, repeatable, and that roles and responsibilities are clearly defined.
The IT Sourcing Process category within the CIO Reference Library provides CIOs and other IT executives with a comprehensive set of resources that illustrate how to implement an effective IT sourcing process. This category includes a range of resources, such as articles, whitepapers, and case studies, that offer insights into different aspects of the IT sourcing process, such as strategy development, vendor evaluation, contract negotiation, vendor management, risk management, and compliance. By leveraging these resources, CIOs and IT executives can gain a deeper understanding of how to effectively manage IT sourcing activities and achieve desired business outcomes.
This presentation describes a 7 step process to strategic sourcing.
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