Strategic Sourcing

It's one of the value propositions of a supply chain or procurement organization: the development and execution of sound sourcing strategies. Without a comprehensive structured process, it's difficult to create and implement these strategies.

Our Strategic Sourcing process will provide your sourcing teams with an easy-to-follow yet robust process that delivers value time and time again.

What can you expect from this course?

In the short-term:

• An effective sourcing process that can be immediately applied in one's job.
• Creation of real-life sourcing strategy for a selected category during the class.

In the long-term:

• A framework for managing individual supplier relationships.
• A structured process to source products and services that ensures the creation of a winning supply base that will provide a sustainable long-term competitive advantage.
• A thorough understanding of internal requirements, knowing the supply market, selecting the “right” suppliers, and determining appropriate negotiation and relationship management strategies.
• Documented sourcing strategies to ensure business process continuity and easier personnel transitions.
• To know more about our Strategic Sourcing course, by downloading the brochure