Cips l4m4 lo1 - Study guides, Class notes & Summaries

What is sourcing? - Sourcing is the location, acquisition and management of all the vital inputs required for an organisation to operate. What is tactical/operational sourcing? - Low-level decision making High profit, low risk items Short-term projects Transactional relationships What is strategic sourcing? - Top-level decision making High-profit, high-risk items Long-term projects Collaborative relationships What aspects typically represent value for money? - Price Delivery Quality ...