Strategic Sourcing & SCM

Strategic Sourcing:
It is a corporate/institutional procurement process that continuously improves and re-evaluates the purchasing activities of a company. It is one component of supply chain management.

战略采购/策略採購:
由传统的买卖行为提升至竞争优势的战略层次，对企业采购活动进行持续的评估与改善，追求经济成本效益，及质量、服务与获利的提升。[Max]

Future CPO or CSCO?
CPO: Chief of Purchasing Officer and/or CSCO: Chief of Supply Chain Officer

Strategic Sourcing, Purchasing, Procurement, Outsourcing,

SCM:
Supplier Relationship Management, Supply Chain Management, Collaborative Supply Chain Management

Models:
Cash Conversion Cycle (CCC), Total Cost of Ownership,