Organizations that more frequently use advanced sourcing techniques improve their ability to obtain comprehensive and measurable supplier responses that translate directly into increased sourcing savings. This report from analyst firm Aberdeen Group analyzes the intentions, performance and strategies of over 140 companies, defines the emergence of an "advanced framework" in strategic sourcing being led by Best-in-Class organizations, and provides an in-depth look into best practice recommendations in process, procedure, methodologies, and technologies.
This 25-page Aberdeen report includes:
- Benchmark of best-in-class performance with a competitive maturity assessment
- Required Actions to achieve best-in-class performance in strategic sourcing
- A look at the next steps in strategic sourcing