Introduction
- Importance of strategic sourcing in e-commerce
- Brief overview of the 6-step process
Define Sourcing Goals and Criteria
A. Clarify Business Objectives
B. Establish Product Criteria
C. Determine Quality Standards
Supplier Identification and Assessment
A. Research Potential Suppliers
B. Evaluate Supplier Reputation
C. Analyze Supplier Capabilities
Negotiation and Agreement
A. Initiate Negotiations
B. Discuss Pricing and Terms
C. Formalize Agreements
Quality Control and Assurance
A. Set Quality Inspection Parameters
B. Implement Quality Assurance Protocols
C. Conduct Supplier Audits
Inventory and Logistics Management
A. Determine Inventory Levels
B. Plan for Warehousing and Storage
C. Optimize Shipping and Delivery
Multi-channel Inventory Management
Continuous Monitoring and Improvement
A. Implement Performance Metrics
B. Monitor Supplier Performance
C. Seek Feedback and Make Adjustments
Now to read about all these in detail in very easy way, click on this link, 6 Step Strategic Sourcing Process of Products for Your Ecommerce Store
Conclusion
- Benefits of a well-structured strategic sourcing process
- Call to action for implementing the 6-step process
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