Strategic sourcing is
|“||[a] collaborative and structured process of analyzing an organization's spend and using the information to make business decisions about acquiring commodities and services more efficiently and effectively.||”|
|“||a process that moves a company away from numerous individual procurements to a broader aggregate approach.||”|
- ↑ Defense Acquisition University, ACQuipedia, Strategic Sourcing (full-text).
- ↑ Federal Software Licenses: Better Management Needed to Achieve Significant Savings Government-Wide, at 7 n.15.