Executive Development Programme in Strategic Sourcing & Selection
-- ViewingNowThe Executive Development Programme in Strategic Sourcing & Selection is a certificate course designed to empower professionals with the skills necessary to excel in procurement and supply chain management. This program emphasizes the importance of strategic sourcing in achieving business objectives and provides a comprehensive understanding of the selection process.
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โข Strategic Sourcing Fundamentals: Understanding the strategic sourcing process, its benefits, and how it differs from traditional procurement
โข Spend Analysis: Identifying and categorizing organizational spend to uncover savings opportunities and determine sourcing priorities
โข Supplier Relationship Management: Building and maintaining effective relationships with suppliers to drive value and reduce risk
โข Category Management: Organizing the procurement process by product or service categories to optimize sourcing strategies
โข Contract Management: Developing, negotiating, and administering contracts to ensure compliance, mitigate risk, and optimize value
โข E-Sourcing Technologies: Utilizing electronic tools and platforms to streamline the sourcing process, enhance collaboration, and improve efficiency
โข Global Sourcing & Offshoring: Exploring opportunities for global sourcing, offshoring, and nearshoring to leverage cost advantages and diversify supply bases
โข Sustainable Sourcing Practices: Integrating environmental, social, and governance (ESG) factors into sourcing decisions to promote sustainability and minimize supply chain disruptions
โข Risk Management in Strategic Sourcing: Identifying, assessing, and mitigating risks in the sourcing process to protect the organization from potential threats
โข Procurement Analytics: Leveraging data analytics to evaluate sourcing performance, uncover trends, and make data-driven decisions
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