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Strategic Sourcing Practices in Higher Education
Defining Strategic Sourcing Strategic sourcing is the process of leveraging buying power, reducing the number of suppliers, verifying vendor compliance to negotiated agreements, and reducing the number of procurement transactions and cycle times. The idea is that, in evaluating opportunities to outsource, organizations can drive down unit costs and purchase commodities at the lowest possible cost of ownership. Rethinking Processes: Reducing Costs and Maximizing Resources in Education Strategic Sourcing Report by The Center for Digital Education, 2004
The Greening of Procurement: How Social Consciousness is Re-Shaping Procurement Practices
Cannibals With Forks? “In our rapidly evolving capitalist economies, where it is in the natural order of things for corporations to devour competing corporations, for industries to carve up and digest other industries, one emerging form of capitalism with a fork – sustainable capitalism – would certainly constitute real progress.” From Cannibals With Forks – The Triple Bottom Line of 21st Century Business John Elkington Capstone Publishing Limited, Oxford, 1997

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Part 2: Market Analysis
The market analysis section should illustrate your knowledge about the particular industry your business is in. It should also present general highlights and conclusions of any marketing research data you have collected; however, the specific details of your marketing research studies should be moved to the appendix section of your business plan.
Part 9: The Appendix
The appendix section should be provided to readers on an as-needed basis. In other words, it should not be included with the main body of your business plan. Your plan is your communication tool; as such, it will be seen by a lot of people. Some of the information in the business section you will not want everyone to see, but, specific individuals (such as creditors) may want access to this information in order to make lending decisions. Therefore, it is important to have the appendix within easy reach.
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