Strategic sourcing, being a part of procurement, is now a day not just focused on costs savings but also on supporting the company in realizing its long-term goals. In this way, strategic sourcing has become a critical part of strategic management that is focused on a company’s sourcing decision making.
Objectives of the Course
• Give a brief understanding about Strategic Sourcing
• Explaining importance of Strategic Sourcing
• Best Practice of Strategic Sourcing
• Exploring Strategic Sourcing Process
• Understanding Strategic sourcing process challenges.
Benefits of the participants:
• Participants will gain knowledge on modern concept of Strategic Sourcing.
• It will help participants to get best products at best value
• It will help participants to control and reduce sourcing cost
• It will help participants to formulate sourcing strategy
• It will enable participants to increase profitability and competitive positioning of organization.
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