The Mpower Group (TMG http://www.thempowergroup.com) and IACCM (The International Association of Contract & Commercial Managers http://www.iaccm.com) announce the availability of TMG's8217;s updated Sourcing Maturity Model Diagnostic reflecting advancements made in sourcing/supply
chain.
The relentless focus on cost savings and optimization has made strategic sourcing/supply chain an essential tool for most companies and its impacts have extended far beyond the early
vision of what could be achieved. For leaders in Sourcing/Supply Chain, it has become increasingly important to be able to monitor and benchmark progress. The Mpower Group and IACCM have
joined once again in offering a best practice diagnostic that will evaluate sourcing capabilities and performance against the latest maturity model that reflects recent advances in the
discipline. This is a follow on to the ground breaking research conducted jointly between TMG and IACCM 18 months ago that led to the original Sourcing Maturity Model.
How do sourcing/supply chain organizations evolve their practices to 's8220;raise the bar's8221; on their performance to new heights The Diagnostic identifies potential opportunities
using TMG'ss Sourcing Maturity Model's8482; 's8211; a framework of sourcing/supply chain performance analysis that accounts for the significant progress made in the discipline towards
value creation. It explores sourcing/supply chain performance across six key areas: Strategic Portfolio Management, Third Party Risk Management, Globalization of the Supply Chain,
Performance Metrics for Sourcing, Supply Chain Management and People.
The Diagnostic is delivered through a short questionnaire that explores 30 key performance traits covering each of the six sourcing/supply chain areas. Diagnostic participants will
receive a confidential report from TMG and IACCM assessing potential opportunities that exist within the organization to advance their sourcing/supply chain capabilities. The diagnostic
is useful for organizations looking for a high-level assessment. TMG also delivers a more detailed diagnostic through a tailored survey instrument that addresses over 180 different
performance factors and considers the specific needs and characteristics of the participant's8217;s industry.
TMG and IACCM will issue a report aggregating the Diagnostic responses to provide an overview of the current state of sourcing/supply chain practices based on the Sourcing Maturity
Model's8482; framework. This report will be made available to diagnostic participants at no charge.
About The Mpower Group:
The Mpower Group ('s8220;TMG's8221;), a certified minority supplier, services Fortune 500 organizations globally, solving complex issues related to their supply chain and strategic
sourcing operations including outsourcing and off shoring. TMG emphasizes world-class business practices related to strategy, process and technology that truly drive superior financial
results for their clients. Dalip Raheja, the firm's8217;s President and CEO, is nationally recognized for his thought-leadership and advanced strategic concepts in the areas of Strategic
Sourcing and Supply Chain Management. More information can be found at: http://www.thempowergroup.com
About IACCM:
IACCM'ss is a global community of senior contracts, sourcing, and commercial management executives and managers; whose objective is to help worldwide members develop innovation, best
practices, and operational excellence within their organization. Its membership consists of over 5000 members, a network of more than 1200 corporations from more than 80 countries. More
information can be found at: http://www.iaccm.com
Contact Information:
Dalip Raheja
The Mpower Group
630.268.8963 phone
630.376.0326 fax
Tim Cummins
IACCM
203.431.8741 phone
203.431.9305 fax