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What is the purpose of Strategic Sourcing and what is it intended to do?

purpose Sourcing strategic
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What is the purpose of Strategic Sourcing and what is it intended to do?

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Strategic Sourcing is intended to: • Allow government to develop deep insight into markets and life cycle cost drivers • Capture and consistently develops best practice federal requirements • Implement best practices around demand management • Strategically manage inclusion of targeted socio-economic firms • Carefully manage commodity contract portfolios to consistently deliver and improve upon negotiated best values throughout the contract administration phase.

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