Procurement and Sourcing News: Understanding the Sourcing Grid

from scdigest.com

The simplest tools and frameworks are often the best, and for procurement professionals, the “Sourcing Grid” offered by Dr. Ed Marien, professor emeritus at the University of Wisconsin, offers an excellent model for thinking about the right approach to procuring specific goods and services (See also Understanding Supplier Price-Cost Management in Sourcing, and Understanding Supplier Price-Cost Management in Sourcing, Part 2.)

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