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Strategic sourcing 101

The term strategic sourcing can be traced back many years, but 5-10 years ago the term took on a new meaning and has since denoted something more substantial than before.

Certainly, government and business entities of all sizes have used strategic sourcing with much success over the years.

Many organizations have a five- or even seven- step process to strategically source goods and services.

Good directions for strategic sourcing – The Lectern (FCW: The Business of Federal Technology)

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