Actions

S002

Analyze Supply Market

The activities associated with gaining and maintaining knowledge of the supply market. The purpose is to learn how the market works, who the key suppliers are, what motivates these suppliers, what alternatives are available and what the risks are of sourcing from this market. The analysis focuses on 6 main areas:

  • Demographics - Size, population, geographics, concentration, barriers
  • Competition - Basis of competition, trade restrictions, life cycle status
  • Relationships - Configuration, complexity, vulnerabilities, efficiencies
  • Substitutions - Products, acquisition models, suppliers
  • Internal factors - Policies, shared services, technological
  • External factors - Compliance, political, economic, technological

This analysis is performed considering aspects such as risk, innovation, and strategic vs arm's length relationships, as defined in Identify Requirements. Denied Party List Commodity Profile

Hierarchy

IDNameLevelx
S0Strategic Sourcing2S0
S002Analyze Supply Market3S002

Term(s)

IDNameClearx
CPCommodity ProfileCP
DPLDenied Party ListDPL

Workflow

FromInput(s)
Process
Output(s)To
wf_processwf_arrow
S001Commodity Profile
S002
Analyze Supply Market Strategic Sourcing 5200200 3 {{{keywords}}} {{{description}}}