Module #1 Introduction to Strategic Sourcing and Procurement Overview of the importance of strategic sourcing and procurement, and the benefits of implementing a strategic approach.
Module #2 Defining Strategic Sourcing and Procurement Understanding the differences between tactical and strategic procurement, and the key components of a strategic sourcing approach.
Module #3 Procurement as a Strategic Function The role of procurement in achieving business objectives, and the importance of aligning procurement strategy with organizational goals.
Module #4 Performing a Spend Analysis Conducting a spend analysis to identify areas for improvement, and to inform strategic sourcing decisions.
Module #5 Supplier Segmentation Segmenting suppliers based on strategic importance, and developing strategies for managing each segment.
Module #6 Understanding Supply Markets Analyzing supply markets to identify trends, opportunities, and risks, and to inform strategic sourcing decisions.
Module #7 Developing a Category Strategy Creating a category strategy to optimize spend, reduce risk, and improve supply chain performance.
Module #8 RFP and RFQ Best Practices Creating effective RFPs and RFQs that elicit high-quality responses from suppliers.
Module #9 Evaluating and Selecting Suppliers Evaluating supplier responses, and selecting the best suppliers for the organization.
Module #10 Contract Negotiation and Management Negotiating and managing contracts to ensure mutually beneficial agreements that meet business objectives.
Module #11 Total Cost of Ownership (TCO) Analysis Conducting TCO analysis to understand the total cost of ownership of goods and services.
Module #12 Implementing a Supplier Relationship Management (SRM) Program Developing and implementing an SRM program to improve supplier relationships and collaboration.
Module #13 Risk Management in Procurement Identifying and mitigating risks in the procurement process, including supply chain risk, reputational risk, and more.
Module #14 Implementing a Procurement Technology Solution Evaluating, selecting, and implementing procurement technology solutions to improve efficiency and effectiveness.
Module #15 Data Analytics in Procurement Using data analytics to drive insights and inform strategic sourcing decisions.
Module #16 Sustainable Procurement and Social Responsibility Integrating sustainability and social responsibility into procurement practices to minimize environmental and social impacts.
Module #17 Global Sourcing and International Trade Navigating global sourcing and international trade, including tariffs, trade agreements, and cultural differences.
Module #18 Outsourcing and Contract Labour Effectively outsourcing and managing contract labor to achieve business objectives.
Module #19 Intellectual Property and Confidentiality Protecting intellectual property and maintaining confidentiality in procurement relationships.
Module #20 Compliance and Ethics in Procurement Ensuring compliance with regulatory requirements, and promoting ethical behavior in procurement practices.
Module #21 Effective Communication and Stakeholder Management Developing effective communication and stakeholder management skills to succeed in procurement roles.
Module #22 Change Management in Procurement Implementing and managing change in procurement, including cultural and organizational change.
Module #23 Measuring and Reporting Procurement Performance Developing metrics and reporting mechanisms to measure procurement performance and achieve business objectives.
Module #24 Strategic Sourcing and Procurement Best Practices Sharing best practices and lessons learned from experienced procurement professionals.
Module #25 Course Wrap-Up & Conclusion Planning next steps in Strategic Sourcing and Procurement career
