The Mpower Group and IACCM Announces a Revised and Updated Sourcing Maturity Diagnostic

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’s updated Sourcing Maturity Model Diagnostic reflecting advancements made in sourcing/supply chain.

Oak Brook, IL (PRWEB) May 26, 2006 -- 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’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 “raise the bar” on their performance to new heights? The Diagnostic identifies potential opportunities using TMG's Sourcing Maturity Model™ – 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’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™ framework. This report will be made available to diagnostic participants at no charge.

About The Mpower Group:
The Mpower Group (“TMG”), 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’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's 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    
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