Handle Strategic Decisions of Company as a Sourcing Director

1
Handle Strategic Decisions of Company as a
Sourcing Director
Presented By Dragon Sourcing
2
Introduction
Since, choice of purchasing has direct impact on
the operational costs the director of a company
providing sourcing services has to analyze the
suppliers and their operating system.
3
Function of a Sourcing Director
Companies hire sourcing service providers to
smoothly acquire products from abroad and that
too at the best price. You will have to establish
objectives, policies and purchasing initiatives.
You will also have to inform the suppliers about
the sourcing strategies of your company.
4
Strategic Techniques and Directions
You should state the purchasing terms and
conditions to supplier in order to ensure on-time
delivery of products to the buyer company. You
also have to make sure that the quality of the
products, maintain the required standard.
5
Contract Management and Relationship with Supplier
As a sourcing director in a sourcing services
company, you have to look after the contract
management procedures and supplier relationship
management. This helps in monitoring termination
date of projects. You have to go through the
service quality of the suppliers and inform that
to your client.
6
Purchasing Leadership
Sourcing directors are responsible for recruiting
and motivating purchasing professionals. Your
team includes sourcing managers, buyers, spend
analysts, cost analysts and contract managers.
7
Contact Us
8
Thank You