The _____ in the strategic sourcing process is a clear statement of the goals and objectives of the sourcing project, which is officially announced shortly after the team's first few meetings.
A)triangulation phase
B)optimization process
C)spend analysis
D)project charter
E)price analysis

Question

Quizplus · Accepted Answer

The project charter is a key component of the strategic sourcing process and is typically created shortly after the team's initial meetings. It includes a clear statement of the project's goals and objectives, as well as other important details such as the project scope, timeline, budget, and team member responsibilities. The other options (triangulation phase, optimization process, spend analysis, and price analysis) are also important aspects of strategic sourcing, but they are not specifically related to the creation of the project charter.

The _____ in the Strategic Sourcing Process Is a Clear