Article: Strategic sourcing: is it a variant of Lean Six Sigma?

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 ...

Related newspaper, magazine, and journal articles:

 
 
Newsweek Harper's Magazine The Washington Post Chicago Tribune Crain's Chicago Business PRNewswire Pediatric News The Nation Advertising Age The Economist (US) A FREE trial gives you access to over 80 million articles! Access over 6,500 publications with a FREE trial!