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Table of Contents

Chapter 1: Introduction
1.1 Background of the study
1.2 Research problem
1.3 Research questions
1.4 Objectives of the study
1.5 Significance of the study
1.6 Limitations of the study
1.7 Scope of the study

Chapter 2: Literature Review
2.1 Definition of strategic sourcing
2.2 Importance of strategic sourcing in procurement
2.3 Strategic sourcing processes and models
2.4 Benefits of strategic sourcing
2.5 Challenges of strategic sourcing
2.6 Previous studies on strategic sourcing in reducing procurement costs and risks

Chapter 3: Research Methodology
3.1 Research design
3.2 Data collection methods
3.3 Sampling techniques
3.4 Data analysis methods

Chapter 4: Discussion of Findings
4.1 Analysis of data
4.2 Comparison of findings with previous studies
4.3 Implications of findings
4.4 Recommendations for future research

Chapter 5: Conclusion and Summary
5.1 Summary of findings
5.2 Conclusion
5.3 Contributions to the field
5.4 Practical implications
5.5 Recommendations for practitioners

Brief Overview: The effectiveness of strategic sourcing in reducing procurement costs and risks

Strategic sourcing is a key process in procurement management that aims to identify, assess, and select suppliers who can provide the best value for an organization. The effectiveness of strategic sourcing in reducing procurement costs and risks has been a topic of interest for many researchers and practitioners in the field. This study seeks to investigate the impact of strategic sourcing on reducing procurement costs and risks in organizations.

The study will begin with an introduction that outlines the research problem, objectives, significance, limitations, and scope of the study. A comprehensive literature review will be conducted to understand the concept of strategic sourcing, its importance in procurement, processes, benefits, and challenges. Previous studies on the effectiveness of strategic sourcing in reducing procurement costs and risks will also be reviewed.

The research methodology chapter will detail the research design, data collection methods, sampling techniques, and data analysis methods used in the study. The discussion of findings chapter will analyze the data collected, compare the findings with previous studies, discuss the implications of the findings, and provide recommendations for future research.

The conclusion and summary chapter will summarize the findings, draw conclusions, discuss the contributions to the field, provide practical implications for practitioners, and make recommendations for future research.Overall, this study aims to contribute to the existing body of knowledge on the effectiveness of strategic sourcing in reducing procurement costs and risks, and provide valuable insights for organizations looking to improve their procurement processes.

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