Step 4 - Developing strategy

In this phase all pre-work of earlier steps comes together. During the development of the strategy an evaluation of current strategies and practices will take place. The scope and preliminary savings targets are discussed and confirmed as well as the offer feasibility.
Also the evaluation of internal and market possibilities for the development of sourcing strategy is an important part of this step. Finally, the chosen strategy will be communicated to the relevant stakeholders.

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Step 4