ISO/CD 25500-240

Abstract

This document describes the fundamental concepts and principles of strategic sourcing which are universally applicable to the following: — organizations seeking to improve their onboarding process through a common understanding of the fundamental concepts, principles and vocabulary used in strategic sourcing; — organizations seeking to improve the quality of the data they receive from their trading partners in order to establish confidence in their supply chain. 1.1 In scope — terminology required to describe the workflow and data used in the strategic sourcing process; — stages of the strategic sourcing process; — data required to support the strategic sourcing process; — metadata and reference data required to support the strategic sourcing process. 1.2 Out of scope — data exchange technology; — supplier evaluation methods and techniques.