A. Follow formal multi step sourcing process which includes spend analysis, strategy development and execution

B. Formal request for information, proposal, and quotation prices is in place to collect multiple supplier responses for both new and renegotiated buys

C. Organization has access/subscription to on-line supplier network with enabled automated customersupplier matching for new suppliers' discovery and assessment

D. Organization negotiates and manages contract terms for vendor managed inventory. Automatic replenishment, earlypay/ volume discounts for commodities