Home | Research Library | Papers and Briefs | Sourcing Optimisation – Extracting Value from Complexity
Spend Matters - Research Download

Sourcing Optimisation – Extracting Value from Complexity

Sourcing Optimisation – Extracting Value from Complexity Cover Image
Published:  May 20, 2012
Access Level:   Free
Research Topics:

This paper looks at how optimisation tools are changing the way in which organisations can achieve increased value and performance from large-scale and complicated sourcing challenges.

Part 1 of this paper looks at the range of factors that define what makes certain procurement exercises complex and difficult to execute. We explain why the process arrived at in most cases for complex procurement requirements has some inherent flaws; particularly in that it relies on the buyer making judgments that could be better explored by suppliers in the market.

In Part 2, we explain how recent development in procurement ‘optimisation’ technology is opening up a different approach to contracting, whereby suppliers have more scope to express different views of how they would like to meet the buyer’s requirements. The huge range of potential options offered can then be optimised; and then a range of constraints can be introduced around that optimisation. Finally, we look at some of the key factors procurement and business executives should consider if they are looking to introduce optimisation and the tools available in the market, and four factors that they should consider in looking for a provider to support them in this area.

To get your free copy of Sourcing Optimisation – Extracting Value from Complexity, please complete the short form below. Members: Skip the form and log in to grab your free copy.

We want you to know exactly how our services operate and how we use your submitted details. Please state that you have read and agreed to these terms before you continue.
Spend Matters creates critical content for leaders in procurement and supply chain year-round.