Best Practices in Purchasing Non-Traditional Services
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This topic will provide you a comprehensive understanding of the differences between traditional purchasing and non-traditional services purchasing.
You will be able to define a comprehensive sourcing strategy that accounts for the unique and often complex business objectives associated with these non-traditional services. You will hear practitioner case studies from different spend categories. This material will help you be able to formulate a strategy for sourcing these non-traditional areas specific to your organization. There are varying factors to consider when developing the strategy - considering industry dynamics, key drivers, possible risks, and alignment with company objectives. This information will help you to recognize these key decision levers to create a successful procurement approach for your organization.
AuthorsKevin Giblin, Chain IQ
Non-Traditional Services Purchasing (NTSP)
• Definitions, Examples, Key Levers
• Preparing a Buy Strategy
• Establishing Bidding Framework
The Sourcing Process for NTSP
• Stakeholder Objectives
• Creating a Best Overall Strategic Value Model
• Analyzing Results
• Case Studies and Research