TO 624 Strategic Sourcing: Category Management - Background

See Chapter 4 - Creating Sourcing Strategies: Components of a Commodity Business Plan; Industry Analysis; Cost and Performance Drivers

Chapter 1 provides readers with a better understanding of why companies’ power-based procurement practices are incomplete. We also challenge some of today’s tools and approaches for procurement, such as the Kraljic Matrix, Porter’s Five Forces model, A.T. Kearney’s Purchasing Chessboard ® , and well-known and loved multistep strategic sourcing processes