Objective:

  • Adopt new tools & techniques to exploit the buying power to identify opportunities for savings & minimize risks.
  • Learn sourcing strategies and negotiating techniques to develop effective supplier relationships to minimize the operation cost and lead time.
  • Build the knowledge base of procurement professionals

Content:

  • Module 1: Overview of Strategic Sourcing
  • Module 2: Perform Spend & Market Analysis (Profile of the supplier group)
  • Module 3: Develop Sourcing Strategy
  • Module 4: Supplier Portfolio Generation
  • Module 5: Selection of Implementation Path
  • Module 6: Competitive Supplier Selection
  • Module 7: Operational Integration with Suppliers
  • Module 8: Continuous Benchmarking of Supply Market

Intended for: All professionals who have working knowledge of procurement process and techniques.

Duration: Three Days.

Approach: The training program is interactive, fun, practical and effective –customized with the company’s objective in mind.