Certificate in Strategic Sourcing Tactics
-- ViewingNowThe Certificate in Strategic Sourcing Tactics is a comprehensive course designed to empower learners with the essential skills needed to excel in procurement and supply chain management. This course highlights the importance of strategic sourcing and its impact on organizational success.
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โข Strategic Sourcing Fundamentals: Understand the basics of strategic sourcing, its benefits, and how it differs from traditional sourcing. Learn about the key elements of strategic sourcing, including total cost of ownership, supplier relationship management, and risk management.
โข Spend Analysis: Learn how to analyze and categorize organizational spending to identify opportunities for cost savings and improved supplier relationships. Understand how to use data analytics tools and techniques to extract insights from spend data.
โข Supplier Evaluation and Selection: Learn how to evaluate potential suppliers using a variety of criteria, such as financial stability, technical capabilities, and quality standards. Understand how to negotiate contracts and establish performance metrics to ensure a successful supplier relationship.
โข Category Management: Understand how to segment and manage categories of spend to maximize strategic value. Learn about the different category management models and how to develop a category strategy that aligns with organizational goals.
โข Risk Management in Strategic Sourcing: Learn how to identify and mitigate risks in the sourcing process, such as supply chain disruptions, geopolitical risks, and financial risks. Understand how to develop a risk management plan and how to monitor and respond to risks as they arise.
โข Sustainable Sourcing: Understand the importance of sustainability in strategic sourcing and learn how to incorporate environmental, social, and governance (ESG) factors into supplier evaluation and selection. Learn about the different sustainable sourcing strategies and how to measure and report on sustainability performance.
โข Technology and Tools in Strategic Sourcing: Learn about the different technology and tools available to support strategic sourcing, such as e-sourcing platforms, supplier management software, and data analytics tools. Understand how to use these tools to automate and streamline sourcing processes and make data-driven decisions.
โข Implementing Strategic Sourcing
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