Global Sourcing and Procurement Management: Methods, Strategies, and Benefits

Assessment

Executive summary
In this assessment, the methods of global sourcing, project and procurement management is been
determined. In this, models, concepts and strategy of global sourcing and procurement
management is been explained and discussed by this explanation, it is been come out that if the
company is using these models and strategies for sourcing globally, then it will be beneficial for
them as it lead to achieve excellence in their procurement management. Lastly, it is been
explained that by focusing and improving their strategy and focus on their competitive
advantage, they can gain more benefits, and lead to maximizing the brand value and image in the
global market.

Table of Contents
INTRODUCTION ..........................................................................................................................4
TASK...............................................................................................................................................4
To critically examine the global sourcing methods....................................................................4
To propose a global procurement strategy which can lead to procurement excellence and
improve the company’s competitive advantage..........................................................................8
CONCLUSION .............................................................................................................................11
REFERENCES..............................................................................................................................12