For supply chain objectives to reflect and be aligned to corporate objectives, it is critical that corporate objectives and strategies are well defined, and then used to derive the supply chain objectives and strategy. However, this is just the beginning and to be truly successful, careful due diligence during the planning phase as well as disciplined execution are the keys to overall supply chain success.

Utilizing the following steps, supply chain executive will find success aligning their purchasing organization to the overall corporate strategy.

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Part of developing a supply chain strategy includes evaluating opportunities to build partnership and collaborate with an aggregator who can add value in sourcing, drive down technology enablement costs and provide payment settlement services. Source To Pay providers like DSSI help drive down the cost and improve end to end process efficiency. For more than two decades DSSI has helped several companies develop a comprehensive Supply Chain Strategy for their Indirect Materials Procurement.