This course will provide a detailed overview of a Strategic Sourcing Process (7 step Process): Profile the Category, Develop a Category Sourcing Strategy, Generate Supplier Profile, Choose Competitive Selection or Supplier Development, Select Supplier(s) and Negotiate, Implement, Continuous Improvement/Supplier Relationship Management.
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This course learnings will be supported videos, readings a a required case with peer review.
Course 3 of 7 in the Global Procurement and Sourcing Specialization.
What You Will Learn
- Learn and understand the various steps in a "proven" 7-step Strategic Sourcing Process
- Be able to discuss why it is important for the procurement department, your stakeholders and why one should follow a strategic sourcing process
Syllabus
WEEK 1: Welcome & Strategic Sourcing-Part 1
WEEK 2: Strategic Sourcing-Part 2
WEEK 3: Strategic Sourcing-Part 3