Strategic Sourcing Template Project

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Streamline your strategic sourcing process with this all-encompassing template. From defining project scope and identifying potential suppliers to negotiating contract terms and monitoring supplier performance, this template guides you through each critical step.

Designed for Chief Experience Officers in procurement or strategic sourcing, it ensures careful management and clear workflows, minimizing the risk of oversight and maximizing efficiency.

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Strategic Sourcing Template Project for Priority Matrix

Strategic Sourcing Template Project in Priority Matrix

Manage strategic sourcing from supplier selection to contract finalization with this comprehensive template.

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Proposed Tasks

Critical and Immediate

  • Conduct Supplier Interviews
    ☐ Schedule interviews ☐ Conduct interviews
  • Define Project Scope
    ☐ Identify key objectives ☐ Identify stakeholders ☐ Set timelines
  • Identify Potential Suppliers
    ☐ Research potential suppliers ☐ Evaluate supplier capabilities
  • Negotiate Contract Terms
    ☐ Negotiate terms ☐ Finalize contract
  • Review Supplier Proposals
    ☐ Review proposals ☐ Shortlist suppliers
  • Select Supplier
    ☐ Evaluate interview results ☐ Select best fit supplier
  • Sign Contract
    ☐ Review final contract ☐ Sign contract

Critical but not Immediate

  • Create Request for Proposal
    ☐ Outline project requirements ☐ Set proposal submission deadline
  • Implement Sourcing Strategy
    ☐ Communicate strategy to team ☐ Implement strategy
  • Send RFP to Potential Suppliers
    ☐ Send RFP ☐ Track submission

Not Critical but Immediate

  • Create Sourcing Report
    ☐ Compile project data ☐ Create report
  • Monitor Supplier Performance
    ☐ Set performance indicators ☐ Monitor performance
  • Present Report to Stakeholders
    ☐ Prepare presentation ☐ Present report
  • Resolve Supplier Issues
    ☐ Identify any issues ☐ Resolve issues
  • Review Contract Periodically
    ☐ Schedule review dates ☐ Conduct reviews

Not Critical or Immediate

  • Archive Project Documents
    ☐ Gather all project documents ☐ Archive for future reference
  • Document Lessons Learned
    ☐ Identify lessons learned ☐ Document for future reference
  • Evaluate Sourcing Strategy
    ☐ Evaluate effectiveness ☐ Make necessary changes
  • Manage Supplier Relationship
    ☐ Establish communication channels ☐ Manage ongoing relationship
  • Plan for Future Sourcing Projects
    ☐ Utilize lessons learned ☐ Plan for future projects