View attached explanation and answer. Let me know if you have any questions.
Strategic Sourcing in Government Contracting – Outline
Thesis Statement: The two approaches increase the entity’s efficiency, while they reduce the
cost.
I.
In contracting, government and non-government entities hope to get the best supplier of
goods and services
II.
Strategic Sourcing and Why It is Used
A. Strategic sourcing is an approach in the contracting process whereby an entity proactively
and holistically evaluates the sourcing activities of an organization
B. All this information is collected from the organization’s profile
III.
The Necessity of Strategic Sourcing
A. Strategic sourcing is necessary for identifying reliable suppliers
B. This approach to contracting cultivates positive relationships with the supplier since a
business has known that the supplier can meet its goals
IV.
Conducting a Strategic Sourcing Analysis
A. The procedure of conducting sourcing analysis is simple
B. The team searches the profiles of various suppliers
V.
Spend Analysis
A. Spend analysis is a procurement process of analyzing an organization’s spending data
over a particular period of time
B. The second step is collecting data and consolidating it in a central location
VI.
Conclusion
1
Strategic Sourcing in Government C…
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