The Role of Bid Optimization in Strategic Sourcing

Author(s):

Giunipero, Ph.D., C.P.M., A.P.P., Larry
Larry Giunipero, Ph.D., C.P.M., A.P.P., Florida State University, 850/644-8224, lgiunipero@cob.fsu.edu
Carter D.B.A., Phillip L.
Phillip L. Carter D.B.A., Executive Director CAPS Research, Harold E. Fearon Chair of Purchasing, 480/752-2277, pcarter@capsresearch.org

92nd Annual International Conference Proceedings - 2007 - Las Vegas, NV
Abstract

Make supply managers aware of the power of sourcing optimization software. Optimization has been traditionally applied to transportation. As supply professionals assume a more strategic role and buys become more complex through multiple business unit sourcing, consolidation and outsourcing, optimization allows for more sophisticated analysis of these strategic buys.

The Role of Bid Optimization in Strategic Sourcing — 38 KB (PDF)