Certificate in Strategic Sourcing Fundamentals: Mastery Achieved
-- ViewingNowThe Certificate in Strategic Sourcing Fundamentals: Mastery Achieved is a comprehensive course designed to provide learners with a deep understanding of strategic sourcing and its importance in modern business environments. This course covers key topics such as supply chain management, cost reduction strategies, and negotiation techniques, equipping learners with the essential skills they need to excel in their careers.
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โข Strategic Sourcing Overview: Defining strategic sourcing, understanding its benefits, and differentiating it from traditional purchasing methods.
โข Spend Analysis: Identifying and categorizing organizational spend, determining sourcing priorities, and creating a spend analysis framework.
โข Supplier Evaluation and Selection: Developing criteria for supplier evaluation, assessing supplier performance, and creating a supplier selection process.
โข Contract Management: Negotiating and managing supplier contracts, monitoring contract compliance, and mitigating contractual risks.
โข Category Management: Managing categories of spend, determining category strategies, and creating a category management plan.
โข Total Cost of Ownership (TCO): Understanding the concept of TCO, calculating TCO for various sourcing scenarios, and using TCO to make informed sourcing decisions.
โข Risk Management in Strategic Sourcing: Identifying and assessing risks in the sourcing process, developing risk mitigation strategies, and creating a risk management plan.
โข Sustainability in Strategic Sourcing: Incorporating sustainability into the sourcing process, selecting environmentally and socially responsible suppliers, and measuring the impact of sourcing decisions on sustainability goals.
โข Technology in Strategic Sourcing: Using technology tools to automate and optimize the sourcing process, selecting the right sourcing technology solution, and integrating technology into the sourcing strategy.
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