Strategic sourcing as a process is far more broad and comprehensive than procurement. Overall, the process starts with the formation of a:
A) steering committee.
B) list of vendors.
C) decision as whether to make or buy.
D) list of criticals.

Question

Quizplus · Accepted Answer

The process of strategic sourcing typically starts with the formation of a steering committee, which oversees and guides the overall strategic sourcing effort. This committee is responsible for setting goals, identifying priorities, and making key decisions throughout the process. While the other options may be important components of strategic sourcing, they are not necessarily the starting point.

Strategic Sourcing as a Process Is Far More Broad and Comprehensive