Speech by SEC Staff:
Keynote Address at the Practising Law Institute's Investment Management Institute 2009
Andrew J. Donohue1
Director, Division of Investment Management
U.S. Securities and Exchange Commission
New York, New York
The bottom line is to assess product/service criticality with the goal of calculating the value and payback of moving from commodity-type buys of products and services to strategic sourcing. Strategically, top management must review their buying processes and determine if they will allocate resources to strategic sourcing with suppliers for cost efficiencies and/or competitive advantages.
Supply Chain Digest (September 2007)
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