Industry Calendar
So many categories, so little time… In a world with limited resources, every decision on what category to source (and when to source it) has an impact on overall results – there are real tradeoffs and real consequences from these choices. The development of a sourcing pipeline remains one of the most important activities for any procurement organization and yet, many sourcing teams struggle to build a robust sourcing pipeline that is designed to meet savings and other objectives.
To help sourcing teams better meet this challenge, Andrew Bartolini, chief research officer at Ardent Partners (and publisher of CPO Rising) recently developed the “Category Sourcing Scorecard” to help sourcing teams evaluate different categories across a standard set of sourcing considerations or factors. This survey-driven Excel file provides a framework so those factors may be quantified and compared. The end result is a sourcing "score" and a series of considerations and recommendations for each category that can then be used to rank order categories for sourcing and allocate resources.
On February 12, 2013 at 11:00 AM EST Andrew will spend an hour walking sourcing professionals through the Scorecard’s design and demonstrating how to use the tool by taking different categories through the Scorecard process to determine how sourceable they are.