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Question
question 5
1.75 pts
which of the following is not one of the six steps of the strategic sourcing process?
profile internally & externally
screen suppliers and create selection criteria
identify locations of distribution centers
negotiate and implement agreements
develop the sourcing strategy
The six - step strategic sourcing process typically includes:
- Step 1: Profile internally & externally: Understanding the internal needs (e.g., what goods/services are required, quantity, quality standards) and external market conditions (e.g., supplier capabilities, market trends).
- Step 2: Develop the sourcing strategy: Based on the internal and external profile, formulating a plan on how to source (e.g., single - sourcing, multi - sourcing, global sourcing).
- Step 3: Screen suppliers and create selection criteria: Identifying potential suppliers and setting up criteria (e.g., cost, quality, delivery time) to evaluate them.
- Step 4: Select suppliers: Choosing the most suitable suppliers based on the selection criteria.
- Step 5: Negotiate and implement agreements: Negotiating contracts (price, terms, etc.) and finalizing the agreements with the selected suppliers.
- Step 6: Monitor and improve the sourcing process: Continuously evaluating the performance of suppliers and looking for ways to optimize the sourcing process.
Identifying locations of distribution centers is more related to logistics and supply chain management (a broader aspect of operations management) rather than the core six - step strategic sourcing process.
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Identify locations of distribution centers