Course Curriculum:

Global Sourcing Environment
Competitive edge in adopting a Strategic Sourcing
Sourcing vs Procurement
Standards in Global Sourcing
Charting the procurement essentials
Developing a Sourcing Plan
Evaluating Strategies
Strategies for Long-term and Intermediate periods
Supplier Selection and Onboarding
Prioritizing Commodities and Suppliers
Trade-offs in Procurement
Negotiating for a mutual Consent
Implementing Strategy and Scheduling Supplies
Supplier/Vendor Management
Establishing communication channels and information sharing
Advantages in Supplier Integration
Improving Supplier and Vendor Capabilities