Strategic Sourcing (SOURCE)

Strategic Sourcing is a sustainable and structured approach to effectively manage your categories of spend. It enables you to deliver total cost optimization even in this uncertain time where global economic activity slowing down and continued pressure for transparency in both private and public procurement.

Overview

Strategic Sourcing is a sustainable and structured approach to effectively manage your categories of spend. It enables you to deliver total cost optimization even in this uncertain time where global economic activity slowing down and continued pressure for transparency in both private and public procurement.

Objectives

  • To provide delegates with a process and range of supporting tools and techniques to analyze their supply position and supply markets to develop a range of sourcing options
  • To align the sourcing option to business and stakeholders needs to ensure effective and appropriate sourcing strategies are developed.
  • To use a range of strategic tools and techniques to identify logic in support of principled negotiations with suppliers.

Target Participants

This course is designed for Professionals including Supply chain management, Materials management, Procurement, etc who interested in expanding knowledge of production and inventory management concepts.