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.
PROJECT
ISO/PRF 25500-240
50.20
Proof sent to secretariat or FDIS ballot initiated: 8 weeks
Sep 11, 2026
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