What is a Sourcing Plan?

The Sourcing Plan guides all buying decisions with suppliers.

The Sourcing Plan provides you a means to create a plan specific to your sourcing category(ies) along with:
  • use automated spend analytics to determine the Likelihood (relationship between price and volume) and Complexity of the project
  • engage support from your team of stakeholders
  • communicate with multiple vendors on one platform to submit their proposals via the Supplier Portal