Next Action Decision Making Process
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The document outlines the next steps in a decision making process, including completing a category profile, identifying opportunities and best practices, developing and evaluating options based on value and return potential, and assessing best practices and providing improvement recommendations. It provides a checklist of action items or checkpoints, along with target dates, status, activities performed in the current period, planned next period activities, and notes on spend baselines, results, risks, and learnings.
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Next Action Decision Making Process
- 1. Next Action Steps – The Decision Making ProcessCk Pt 3Ck Pt 4Ck Pt 5Ck Pt 6Ck Pt 1Ck Pt 2Sourcing & department/business partnerSelect VendorAnalyze Sourcing Baseline, Spend DriversComplete Category ProfileIdentify Opportunities and Best PracticesDevelop and evaluate options based on value & return potentialAssessment of best practice and Improvement recommendationsName of Team Members00/00/000000/00/000000/00/000000/00/000000/00/000000/00/0000Target DateStatusOn TrackOn TrackOn TrackOn TrackOn TrackOn TrackActivities Performed This PeriodNext Period ActivitiesBaseline SpendTangible Results This PeriodRisk Assessment/Mitigation PlanningNew Insights/Learning's From Activities This Period