This document outlines the sourcing process using a PDCA (Plan-Do-Check-Act) model. It involves planning activities like defining objectives, scope, research and strategy. The doing part includes execution, data generation, analysis and implementation. Checking involves reviews, assessments and tracking benefits. Activities like learning, feedback and relationship management help improve the process.

1. Sourcing – PDCA
Objective , Need
Scope finalization
Categorization
Market Research
Primary evaluation
Current State
Data Generation
Data analysis
Risk analysis
Strategy Finalization
Strategy Execution
Big Picture
Status check
Performance
review
Audit / Assessments
Benefit Track
Feedback / Surveys
Learning's
Re-Negotiation
Relationship
management
Plan Do Check Act
Current State
Benchmarking
Value Preposition
Stakeholder voice
Big Picture
Negotiation
Procurement
Feedback / Surveys
By Shashank Tambe