Strategic Sourcing definition

Strategic Sourcing means a collaborative and structured process to critically analyze DHS’s procurement spending and using an enterprise approach to make business decisions about acquiring and managing commodities and services more efficiently.
Strategic Sourcing means the collaborative and structured process of critically analyzing an organization’s spending and using this information to make business decisions about acquiring goods and services more effectively and efficiently.
Strategic Sourcing means methods used to analyze and reduce spending on goods and services, including but not limited to spend analysis, product standardization, contract consolidation, negotiations, multiple jurisdiction purchasing alliances, reverse and forward auctions, life-cycle costing, and other techniques.

Examples of Strategic Sourcing in a sentence

  • Specifics of the software suite will be maintained by The Office of Information and Technology (OIT), Development, Security, and Operations (DevSecOps) and acceptable hardware configurations will be maintained by OIT Office of Strategic Sourcing (OSS).

  • The business case templates (Streamlined and Full) are available on the Strategic Sourcing Program Office (SSPO) Intranet at:

  • Federal Strategic Sourcing Initiative (FSSI) is a government-wide commodity working group chartered under the purview of the Federal Government’s Chief Acquisition Council, led by the General Services Administration, to encourage cross-government collaboration, identification of commodities and services common to all agencies, and adoption of industry best practices for strategic sourcing initiatives.

  • We deny the protests.BACKGROUND The agency sought to issue two separate, but very similar task orders under the agency’s Responsive Strategic Sourcing for Services (RS3) multiple-award indefinite- delivery, indefinite-quantity (IDIQ) contract on a lowest-priced, technically acceptable basis considering a technical factor and cost/price.

  • This section describes the roles and responsibilities related to planning Department-wide contracts, and DHS’ role in Federal Strategic Sourcing Initiatives (FSSI).

More Definitions of Strategic Sourcing

Strategic Sourcing essentially means to strategically (competitively) solicit online offers (bids/proposals) from qualified sources of supply.
Strategic Sourcing means those activities which support determining the purchasing direction for any Product or commodity to facilitate the total cost of ownership of those Products.

Related to Strategic Sourcing

  • Michigan strategic fund means the Michigan strategic fund as described in the Michigan strategic fund act, 1984 PA 270, MCL 125.2001 to 125.2094.

  • Supply Chain Management All aspects of supply chain management, from the initial sourcing phase through customer delivery (e.g., procurement, sourcing management, inventory management, catalog management, ordering/purchasing, invoice tracking, storefront/shopping cart, warehouse management, returns management, logistics/transportation).

  • municipal spatial development framework means a municipal spatial development framework adopted by the Municipality in terms of Chapter 5 of the Municipal Systems Act;

  • Support Services means support in relation to the use of, and the identification and resolution of errors in, the Hosted Services, but shall not include the provision of training services;