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Article: Strategic sourcing: is it a variant of Lean Six Sigma?
- Article from:
- Defense AT & L
- Article date:
- September 1, 2007
- Author:
CopyrightCOPYRIGHT 2007 Defense Acquisition University Press. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Strategic sourcing (as defined in the May 25, 2005 memorandum issued by the Office of Management and Budget) is "the collaborative and structured process of critically analyzing an organization's spending and using this information to make business decisions about acquiring commodities and services more effectively and efficiently." Matching the voice of the customer and the voice of the market is a subtle but important part of strategic sourcing.
Lean Six Sigma
Lean Six Sigma (LSS) is an organized collection of techniques that focus on increasing speed ("Lean") and improving quality ("Six Sigma"). Matching to the voice of the customer and the voice of ...