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Strategic Sourcing
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- Procurement & Supply Chain Management
- Strategic Sourcing
CPD StandardsInstant confirmationGlobal presenceStrategic sourcing is a critical function that enables organisations to optimise costs, mitigate risks, and enhance supply chain efficiency. This course is designed to equip professionals with the strategies, frameworks, and leadership skills needed to drive strategic sourcing at the organisational level. Participants will gain insights into supplier evaluation, negotiation, category management, and procurement optimisation.
Through practical exercises, real-world applications, and interactive discussions, this course enables professionals to lead sourcing strategies, influence key business decisions, and motivate teams to improve sourcing effectiveness.
Course Objectives
By the end of this course, participants will be able to:
- Lead strategic sourcing strategies at the organisational level.
- Influence major sourcing decisions that impact company success.
- Motivate teams to improve sourcing strategies and procurement processes.
- Develop category management frameworks to enhance sourcing efficiency.
- Apply cost analysis and risk management techniques in sourcing.
- Improve supplier collaboration and contract negotiations.
- Leverage data-driven decision-making for sourcing optimisation.
- Ensure sustainability and compliance in sourcing practices.
Who Should Attend?
- Procurement and sourcing professionals.
- Supply chain and logistics managers.
- Finance and operations leaders involved in procurement strategy.
- Category managers and vendor management specialists.
- Business executives responsible for supplier contracts.
- Individuals seeking to develop expertise in strategic sourcing.
Course Outline
- The role of strategic sourcing in business success.
- Key sourcing models and frameworks.
- Aligning sourcing strategies with business objectives.
- Case Study: How strategic sourcing transformed a multinational corporation.
- Practical Exercise: Developing a sourcing strategy roadmap.
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Accreditations
CPD Standards
Helping to develop learning worldwide.
ISO 9001:2015
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What our delegates say
Thank you for the opportunity for having attended Advanced Skills of the Bid and Tender Management Process from London Training for Excellence. It was a good experience as I find myself with added knowledge so as to contribute I a more quality manner to my com…
The course is very adaptable to everyday work and contributes to developing CSR framework in our own organisation. Very practical and useful.
The training provided by LondonTFE are very inspirational and thought provoking. The outlines are comprehensive and the method of teaching is mostly practice-oriented. The LondonTFE staff always been able to balance the composition of participants, which contr…
