Browse the complete Report on: The Orbys Guide to Sourcing Strategy
Introduction
Getting sourcing decisions rightoutsourcing the right areas under the right types of sourcing arrangement with the right strategic partnersis increasingly important and can determine the success or failure of organizations in today's hyper-competitive global marketplace.
Scope
This guide outlines Orbys' own sourcing strategy methodology that it uses with its clients.
The views and recommendations in this guide are based on more than 700 sourcing engagements delivered by Orbys consultants.
Highlights
It is essential to start by identifying objectively those business processes within your organization that are truly core differentiators, rather than just critical support processes, as these should never be outsourced. This report provides a framework to identify these processes and gain stakeholder approval.
Reasons to Purchase
Spend by organizations on external business service supplies continues to rise, and the processes outsourced are becoming ever more business-critical.
The most critical issue facing today's sourcing players is the evolution of effective sourcing strategy and sourcing management guidelines.
Table Of Contents
OVERVIEW 2
Catalyst 2
Summary 2
Methodology 2
Summary 2
Methodology 2
EXECUTIVE SUMMARY 2
Sourcing strategy starts with a high-level review 2
Five key dimensions to consider 3
Outsourcing individual work packages 3
Realizing the full value 4
Table of Contents 4
Table of figures 4
Five key dimensions to consider 3
Outsourcing individual work packages 3
Realizing the full value 4
Table of Contents 4
Table of figures 4
INTRODUCTION 5
Delivering on the promised benefits of outsourcing 5
HIGH-LEVEL REVIEW OF SOURCING POTENTIAL 6
The need for a holistic and strategic approach to outsourcing 7
Identifying the potential candidates for outsourcing that will deliver the most value 8
Other factors to consider when selecting candidates for outsourcing 9
Identifying the potential candidates for outsourcing that will deliver the most value 8
Other factors to consider when selecting candidates for outsourcing 9
DEVELOPING YOUR OVERALL SOURCING STRATEGY 11
Clarifying and agreeing on objectives and constraints across all stakeholders 11
Key dimensions of an overall sourcing strategy 12
Scoping and packaging 13
Supplier partnering models 15
Global delivery model 15
Personnel and social considerations 17
Commercial model 17
Key dimensions of an overall sourcing strategy 12
Scoping and packaging 13
Supplier partnering models 15
Global delivery model 15
Personnel and social considerations 17
Commercial model 17
DECIDING WHETHER TO OUTSOURCE INDIVIDUAL WORK PACKAGES 19
Quantify the likely benefits in advance 19
Taking proper account of the risks 20
Preparing a business case 22
Feasibility assessment through a high-level implementation plan 23
Synchronizing sourcing initiatives across the organization 24
Organizing work packages and suppliers to best effect 25
Preparing for implementation and supplier engagement 27
Monitoring benefits and risks 28
Defining the sourcing arrangements 29
Managing the process 29
Taking proper account of the risks 20
Preparing a business case 22
Feasibility assessment through a high-level implementation plan 23
Synchronizing sourcing initiatives across the organization 24
Organizing work packages and suppliers to best effect 25
Preparing for implementation and supplier engagement 27
Monitoring benefits and risks 28
Defining the sourcing arrangements 29
Managing the process 29
PLANNING FOR FULL VALUE REALIZATION 30
Governance and supplier management framework 30
Retained organization and supplier management 32
Create a joint 'value realization framework' with your supplier 33
Retained organization and supplier management 32
Create a joint 'value realization framework' with your supplier 33
IN SUMMARY: KEY FACTORS FOR A SUCCESSFUL OUTSOURCING STRATEGY 35
Top 10 questions to consider when developing a sourcing strategy 35
Top 10 factors to consider when screening candidate areas for outsourcing 35
Top 10 tips for realizing the full potential value of your sourcing arrangements over time 36
Top 10 factors to consider when screening candidate areas for outsourcing 35
Top 10 tips for realizing the full potential value of your sourcing arrangements over time 36
CASE STUDIES 37
Best-of-breed sourcing strategy: major logistics and supply chain management organization 37
Sourcing strategy with global delivery: major global airline 38
Sourcing strategy with global delivery: major global airline 38
APPENDIX 40
Orbys Consulting 40
Disclaimer 40
Disclaimer 40
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Original Source: The Orbys Guide to Sourcing Strategy
