Special thanks to Source One Management Services for this guest post Don’t miss updates on Procurement & Supply Chain, Subscribe here! From a high level, Six Sigma methodologies and the strategic sourcing process follow a comparable path and strive for similar results: efficient, leaner, and more cost-effective business environments. Both processes progress by adhering to decisions that are driven by qualitative and…
There are many procurement documents that cross a buyer’s (physical or virtual) desk. The sequence in which these documents are exchanged is key in ensuring an efficient transaction for both the buying and selling organizations. Don’t miss updates on Procurement & Supply Chain, Subscribe here! Here is the proper sequence for the exchange of these documents: Request for Quote/Proposal (from…