EFFECTIVE SOURCING STRATEGY

PROGRAMOBJECTIVES
After attending participants will be better able to:

• Understand concept of strategic procurement and sourcing strategy
• Analyze the supply chain and develop appropriate supply strategies for your organization’s supply categories.
• Identify and develop the appropriate types of relationships to foster with your suppliers.
• An understanding of different sourcing methods, including e-sourcing, competitive tendering, sole sourcing, single sourcing, multi-stage bidding, and others.
• An appreciation of the value and limitations of early supplier involvement, open book pricing, long term agreements, risk and revenue sharing arrangements.

PROGRAM CONTENT

• The concept of effective strategic procurement
• Strategic sourcing process – An overview of the strategic sourcing process and context.
• Strategic sourcing initiation – Assessing the current structure and performance of the supply network.
• Supply chain analysis – Assessment of the supply network using various tools to analyze current and forecasted needs.
• Strategy creation – Interpreting data and structuring the supply network to deliver maximum value. Identifying and developing appropriate category strategies.
• Strategy implementation – Assessing risks and opportunities in strategy implementation. Identifying and selecting appropriate tools for sourcing within categories. Apply the most effective means of selecting and managing suppliers.

INSTUCTOR

Solid Corp Trainer Teeam

FACILITIES

Facilities of course :

ü  Certificate,

ü  Hand Out,

ü  Quality Training Kit ,

ü  Quality Training Material (Hardcopy And Softcopy)

ü  Convenient Training Facilities At Stars Hotel, Lunch & 2 X Coffee Breaks,

ü  Souvenir.