"I would very much for recommend Iasta's reSource conference to other potential attendees. Sourcing professionals need more opportunities to share best practices like this." - VF Corporation
Iasta can help you transform the way your team makes business decisions and manages risk to deliver bottom-line results for your organization.
Opportunity AssessmentThe Opportunity Assessment is a critical element to a successful sourcing engagement. It reviews information about categories and suppliers then provides proper information as to the ideal commodities and sub-commodities that will yield the greatest savings potential. Several factors that will be considered during this phase of the project include:
- Complexity of the commodity including requirements and specifications
- Total spend and breadth of spend across business units
- Contractual obligations
- Supply base dis-aggregation
- The last time a commodity was sourced