Gartner Research

3 Sourcing and Procurement Principles to Support Inventory Excellence

Published: 23 January 2020

ID: G00375243

Analyst(s): Paul Lord


A singular focus on reducing material supply cost can place pressure on inventory waste and risk. This research identifies three principles that sourcing and procurement leaders can apply to support inventory excellence while fulfilling functional objectives for cost-optimized supply.

Table Of Contents
  • Key Challenges



  • Consider and Analyze Material Inventory as Part of Total Supply Cost
  • Assign Value to Reliability, Resilience and Agility in the Supply Portfolio
  • Balance Risk With Value by Governing Opportunistic and Strategic Buying

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