Strategic sourcing : case Company X
Lee, Kai (2016)
Lahden ammattikorkeakoulu
2016
All rights reserved
Julkaisun pysyvä osoite on
https://urn.fi/URN:NBN:fi:amk-201605178333
https://urn.fi/URN:NBN:fi:amk-201605178333
Tiivistelmä
ABSTRACT
Sourcing in a modern business is in the begining of a successful supply chain, thus a successful business. If done right and according to a plan sourcing becomes Strategic Sourcing with clear and defined goals. If done according to established practice and sound theory a company can both save money and re-invest the money saved in the sourcing strategy. With anything a good plan should be in place. As for sourcing if a strategy is in place then the whole organization knows what is expected of them. The sourcing organization in a business is where the most capital is leaving the company. This means that the organization should work as a well oiled team with a clear goal.
This paper introduces the reader to key issues regarding strategic sourcing in the operations department of any company. Although it focuses on the issues from Case Company X, the theory can be for used among any organization.The thesis will go through sourcing theory and different models of conducting research to come up with enough valuable information to make an informed decision while minimizing risk. Some of the theories included are; ABC analysis, SWOT analysis, and the seven steps of sourcing strategy.The thesis will also give suggestions on how to build an organization for sourcing and outline methods of implementing such changes in an operational sourcing department.
After the suggestions are given the paper will go into a case for the case company X, in the auto parts product category, and shelters product group to show the reader that the theory is sound and can work if implemented in the whole organization. The product in the case was sourced over a 2 year period and the case was based on data collected from five years of data collected from this product category.
The conclusion helps the reader understand the whole paper and summarizes the sections into an easily understandable whole. While giving suggestions for further research and topics for further reading.
Sourcing in a modern business is in the begining of a successful supply chain, thus a successful business. If done right and according to a plan sourcing becomes Strategic Sourcing with clear and defined goals. If done according to established practice and sound theory a company can both save money and re-invest the money saved in the sourcing strategy. With anything a good plan should be in place. As for sourcing if a strategy is in place then the whole organization knows what is expected of them. The sourcing organization in a business is where the most capital is leaving the company. This means that the organization should work as a well oiled team with a clear goal.
This paper introduces the reader to key issues regarding strategic sourcing in the operations department of any company. Although it focuses on the issues from Case Company X, the theory can be for used among any organization.The thesis will go through sourcing theory and different models of conducting research to come up with enough valuable information to make an informed decision while minimizing risk. Some of the theories included are; ABC analysis, SWOT analysis, and the seven steps of sourcing strategy.The thesis will also give suggestions on how to build an organization for sourcing and outline methods of implementing such changes in an operational sourcing department.
After the suggestions are given the paper will go into a case for the case company X, in the auto parts product category, and shelters product group to show the reader that the theory is sound and can work if implemented in the whole organization. The product in the case was sourced over a 2 year period and the case was based on data collected from five years of data collected from this product category.
The conclusion helps the reader understand the whole paper and summarizes the sections into an easily understandable whole. While giving suggestions for further research and topics for further reading.