The document outlines the strategic sourcing process, including business planning, spending analysis, supply analysis, sourcing strategy, and supplier selection. It begins with business planning to define goals around cost, quality, and delivery. Spending analysis then categorizes spending to understand where savings can be found. Supply analysis involves systematically assessing suppliers. The sourcing strategy uses Porter's five forces model and a purchase chessboard. Finally, supplier selection uses an RFQ process and scoring matrix to select suppliers based on criteria like price, quality, and delivery date.