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Guide to Source in Supply Chain Management

In: Guide to Supply Chain Management

Author

Listed:
  • Colin Scott

    (Grange Partnership (UK) LLP)

  • Henriette Lundgren

    (Grange Partnership (UK) LLP)

  • Paul Thompson

    (Grange Partnership (UK) LLP)

Abstract

This chapter guides you through the source function within supply chain management and is split into three main sections. First, it gives a definition of source and the pre- and post-order steps in the purchasing process. Second, it considers strategic sourcing initiatives with an overview of category sourcing management and supplier relationship management. Third, it highlights sourcing management tools with a focus on negotiation and cost management. This chapter concludes with a case study of best practice in negotiation, focusing on a different perspective of the deal. Having read this chapter you will be able to: Explain sourcing and the purchasing process steps Clarify strategic sourcing initiatives Explore key management tools used in sourcing

Suggested Citation

  • Colin Scott & Henriette Lundgren & Paul Thompson, 2018. "Guide to Source in Supply Chain Management," Management for Professionals, in: Guide to Supply Chain Management, edition 2, chapter 3, pages 43-59, Springer.
    • Handle: RePEc:spr:mgmchp:978-3-319-77185-4_3
    DOI: 10.1007/978-3-319-77185-4_3
    as

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