E-lesson: Strategic sourcing for power transformers – e-lesson #2: Power transformer sourcing strategy development
Hosted by: Niël Malan / Intermediate level
Gain understanding to apply the sourcing methodology. Compile a power transformer fact base, by clearly understanding the dynamics of this category from the market, the supplier, and the buyer’s perspective to reduce the total cost of ownership over the commodity lifecycle.
Learn to develop the best fit power transformer sourcing strategy, which will help achieve the lowest total cost of ownership over the lifecycle of the asset.
Upon the completion of this lesson, you will be able to:
- evaluate the requirements for strategy development
- create an internal and external profile for strategy development
- develop the strategy for power transformer sourcing.
Keywords: sourcing strategy, evaluation requirements, sourcing methodology, commodity sourcing, commodity life cycle