.Phase 2. Organizational Development
This phase involves development of sourcing strategies; setting of clearly outlined areas to cut costs and improve profitability; establishment of a sourcing control system based on frequent analysis and systematic approach; formulation of incentive programs; and provisions for training by taking advantage of local ISM seminars and in-house sessions on how to establish purchasing monitoring systems.

Question

Quizplus · Accepted Answer

This phase does involve all of these activities, as outlined in the description.