02 — Capability · BC-620.20
Strategic Sourcing
Run competitive events that select suppliers on total cost, quality, risk and capability, and award the business in a way that can be defended later.
- Sourcing Events
- RFx
- Tendering
In scope
- Requirements and evaluation criteria definition
- Request-for-proposal and auction execution
- Bid evaluation and award recommendation
Out of scope
- Contract drafting and signature (see BC-640)
- Legal review of terms (see BC-150)
Realized by · 1
Used in · 1
Build it · 0
- Nothing in the library points here yet.
Decomposes into · 3
- BC-620.20.10Sourcing Requirements DefinitionSpecify what is needed, how bids will be scored and who decides, before any supplier is invited.
- BC-620.20.20Sourcing Event ExecutionIssue requests for information, proposals or quotes, run auctions where they fit, and manage supplier questions on equal terms.
- BC-620.20.30Bid Evaluation & AwardScore responses against the published criteria, model total cost of ownership and recommend an award with the reasoning on record.