Strategic Sourcing with Small Business in Mind

Strategic Sourcing with Small Business in Mind PDF Author: Lora Gross
Publisher:
ISBN:
Category : Contracting out
Languages : en
Pages : 47

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Book Description
"In 2005, the Office of Management and Budget (OMB) issued a memorandum to federal agencies to identify three routinely purchased commodities that could be more effectively and efficiently acquired through the use of an acquisition approach called Strategic Sourcing. The memorandum requires agencies to implement Strategic Sourcing efforts to save the government money and improve performance on the more than $500 billion spent through contracting each year. In an effort to save millions of dollars of agency funds, concern has been raised by small business advocates that Strategic Sourcing efforts may narrow their opportunities and create bundled requirements which they are not able to meet. Strategic Sourcing concepts generally require national coverage for product or service provisions that may fall beyond a small businesses capability. Additionally the Obama administration has called for a reduction contracts awarded noncompetitively however, single award requirements are still within federal acquisition guidelines. If these requirements are procured under a single award effort, Strategic Sourcing can limit competition at the task and delivery order levels without incentivizing vendors to further reduce prices. This paper discusses ideas for how the government acquisition workforce can leverage small business participation through the use of subcontracting goals."--Abstract.

Strategic Sourcing with Small Business in Mind

Strategic Sourcing with Small Business in Mind PDF Author: Lora Gross
Publisher:
ISBN:
Category : Contracting out
Languages : en
Pages : 47

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Book Description
"In 2005, the Office of Management and Budget (OMB) issued a memorandum to federal agencies to identify three routinely purchased commodities that could be more effectively and efficiently acquired through the use of an acquisition approach called Strategic Sourcing. The memorandum requires agencies to implement Strategic Sourcing efforts to save the government money and improve performance on the more than $500 billion spent through contracting each year. In an effort to save millions of dollars of agency funds, concern has been raised by small business advocates that Strategic Sourcing efforts may narrow their opportunities and create bundled requirements which they are not able to meet. Strategic Sourcing concepts generally require national coverage for product or service provisions that may fall beyond a small businesses capability. Additionally the Obama administration has called for a reduction contracts awarded noncompetitively however, single award requirements are still within federal acquisition guidelines. If these requirements are procured under a single award effort, Strategic Sourcing can limit competition at the task and delivery order levels without incentivizing vendors to further reduce prices. This paper discusses ideas for how the government acquisition workforce can leverage small business participation through the use of subcontracting goals."--Abstract.

Small Business and Strategic Sourcing

Small Business and Strategic Sourcing PDF Author: Nancy Y. Moore
Publisher: Rand Corporation
ISBN: 0833082302
Category : Business & Economics
Languages : en
Pages : 73

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Book Description
: Department of Defense (DoD) goals may conflict as DoD attempts to apply strategic-sourcing practices to reduce total costs and improve performance while maintaining a goal of spending about 23 percent of prime-contract dollars with small businesses.

Strategic Global Sourcing Best Practices

Strategic Global Sourcing Best Practices PDF Author: Fred Sollish
Publisher: John Wiley & Sons
ISBN: 0470949309
Category : Business & Economics
Languages : en
Pages : 246

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Book Description
The latest best practice guidance on all aspects of global strategic sourcing-including environmental and international issues Strategic Global Sourcing Best Practices covers the latest trends and leading edge processes in global strategic sourcing, including supply management, t, sustainability, financial decisions, risk management, and international strategies. Offers the latest trends and guidance for sourcing and supply managers Features coverage of understanding sourcing, procurement and supply management, procurement and best business practices, best practices in sourcing management and global sourcing management, financial strategies for sourcing, responsible procurement,diversity procurement, managing risk, supplier selection, project management for procurement and supply managers, managing supplier relationships, international sourcing, managing supplier relationships supply management operations, With the rise of global supply chains, environmental/sustainability concerns, and constantly evolving technology, the time is right for understanding Strategic Global Sourcing Best Practices.

Strategic Sourcing

Strategic Sourcing PDF Author: U.s. Government Accountability Office
Publisher: Createspace Independent Publishing Platform
ISBN: 9781973961871
Category :
Languages : en
Pages : 42

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Book Description
" Since 2005, OMB has emphasized using strategic sourcing to improve efficiency in federal procurement. Strategic sourcing is a process that moves an organization away from numerous individual procurements toward a broader aggregate approach. GAO was asked to review how strategic sourcing affects small businesses, including small disadvantaged businesses. This report discusses (1) how OMB, GSA, and selected agencies have considered small businesses in their strategic sourcing efforts and (2) the extent to which data and performance measures are available on the inclusion of small businesses in strategic sourcing initiatives. GAO reviewed guidance and documentation from OMB, GSA, and five other agencies selected based on factors such as dollars awarded to small businesses. GAO also reviewed GSA data as of 2013, DHS data from fiscal year 2005 through the first quarter of fiscal year 2013, and agency reports from fiscal years 2005 to 2012. "

Sourcing Strategy

Sourcing Strategy PDF Author: Sudhi Seshadri
Publisher: Springer Science & Business Media
ISBN: 0387251839
Category : Business & Economics
Languages : en
Pages : 324

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Book Description
Sourcing Strategy is about sourcing as a long term strategic activity. Myopic purchasing management stops short with describing functional procedures and procedural innovations such as online order processing. The goal of this book is not merely to document sourcing strategy, but to provide the tools to determine it. Therefore, rather than merely describe common sourcing processes, the book takes a normative approach to sourcing strategy. It argues for a rational, complete and integrated process view. It supports its recommendations with logical arguments from an interdisciplinary and analytical approach grounded in microeconomics, law and business strategy. Part 1 of the book explains the economic and business principles that underlie sourcing strategies. It derives policies that guide viable strategies to meet sourcing goals. Part 2 applies these to creative designs for standard sourcing scenarios.

Strategic Sourcing

Strategic Sourcing PDF Author: United States Government Accountability Office
Publisher: Createspace Independent Publishing Platform
ISBN: 9781982010829
Category :
Languages : en
Pages : 42

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Book Description
STRATEGIC SOURCING: Selected Agencies Should Develop Performance Measures on Inclusion of Small Businesses and OMB Should Improver Monitoring

An Overview of Global Strategic Sourcing

An Overview of Global Strategic Sourcing PDF Author: Fred Sollish
Publisher: John Wiley & Sons
ISBN: 111810014X
Category : Business & Economics
Languages : en
Pages : 246

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Book Description
This selection discusses global sourcing and explores strategies for locating, qualifying, and employing suppliers that add maximum value to your business. Discover profit-boosting opportunities specific to your market environment by following Sollish's clear steps for analyzing and implementing a strategic sourcing plan. Other topics covered include investigating sourcing opportunities, co-sourcing and strategic alliances, and reducing supply risk.

Strategic Sourcing in the Public Sector

Strategic Sourcing in the Public Sector PDF Author: Barbara A. Grilli
Publisher: Taylor & Francis
ISBN: 1000876578
Category : Political Science
Languages : en
Pages : 146

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Book Description
Effective sourcing in the public sector is a collaborative and strategic process that does not end when the contract or purchase order is executed. As an ongoing process of improvement, strategic sourcing requires regular appraisals of procurement activities to ensure they continue to support the goals of the entity. Strategic Sourcing in the Public Sector explains the theory behind sourcing. Why does sourcing need to be strategic, and what are the stakeholders’ roles in the process? Written to complement the Institute of Public Procurement’s (NIGP) Sourcing and Solicitation curriculum, this book explores the impetus or the “why” behind the sourcing process as well as the “how”. The book walks the reader through all of the important considerations for any sourcing process, including requirements analysis, stakeholder involvement, scope of work, sourcing documents and approvals, and supplier relationship management to name a few. Throughout the book, students and practicing professionals are encouraged to apply principles of procurement to diverse situations. Because of its user-friendly language and approach, Strategic Sourcing in the Public Sector is accessible to those new to the procurement profession, individuals seeking certification, and undergraduate and graduate students enrolled in public administration programs. At the same time, the rich content based on NIGP’s public procurement competency framework provides value for seasoned professionals with substantial experience and specialized knowledge.

Build, Borrow, Or Buy

Build, Borrow, Or Buy PDF Author: Laurence Capron
Publisher: Harvard Business Press
ISBN: 1422143716
Category : Business & Economics
Languages : en
Pages : 258

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Book Description
How should you grow your organization? Its one of the most challenging questions an executive team faces and the wrong answer can break your firm. So where do you start? By asking the right questions, argue INSEADs Laurence Capron and coauthor Will Mitchell, of Duke Universitys Fuqua School of Business and the Rotman School of Management at the University of Toronto. Drawing on more than two decades of research and teaching, Capron and Mitchell have found that a firms aptitude for determining the best resource pathways for its growth has a defining impact on its success. Theyve come up with a helpful framework, reflecting practices of a variety of successful global organizations, to help you determine which path is best for yours.

Strategic Sourcing and Category Management

Strategic Sourcing and Category Management PDF Author: Magnus Carlsson
Publisher: Kogan Page Publishers
ISBN: 0749486228
Category : Business & Economics
Languages : en
Pages : 297

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Book Description
How is it possible to sell a kitchen at 30 per cent below market price? Why are hot dogs cheaper in IKEA than in the supermarket? How can IKEA sell the Lack table at half the price it was when it was launched 35 years ago and how can it be achieved with a substantial profit? Strategic Sourcing and Category Management examines how IKEA - and other cost leading companies - use category management to create advantages with direct and indirect sourcing. With 25 years' experience from IKEA, where he had the responsibility to develop and execute the company's purchasing strategy, author Magnus Carlsson shares his insights on important topics: when category management is profitable and why; how teams repeatedly create value and results; what the main approaches are in different categories; how a company implements category management; the difference between success and failure. In this new edition of Strategic Sourcing and Category Management, Magnus Carlsson has added new themes including examples and references from companies such as Maersk, Carlsberg, P&G and Aldi, illustrating the application of cost leadership that spans far beyond IKEA. Even there, the cost leadership lessons are not limited to home furnishings as the company is sourcing categories such as food, components, materials, transports and indirect materials, with a total purchasing spend of approximately €7 billion. But maybe even more importantly, the book illustrates how teams create value by thinking differently and asking the right questions, allowing an understanding that goes beyond mere tools and processes.