Strategic Sourcing for Supply Chain Professionals training centre in Bangladesh

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Strategic Sourcing for Supply Chain Professionals

Introduction

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.

Methodology

Lecture & discussion, Power Point Presentation, Videos & Experience sharing.

Contents of Training:

First Session:

• Strategic Sourcing Concepts
• Why Companies Should Consider Strategic Sourcing
• Theoretical background
• Key Benefits of Strategic Sourcing • Common Misconceptions
• Strategic Sourcing vs. Traditional Procurement Key Differences

Lunch Break :

Second Session:
• Strategic Sourcing Process
• Porter’s Five Forces Analysis
• Strategic sourcing process challenges
• Major causes of poor Strategic sourcing
• Must have attributes of successful Strategic Sourcing professionals
• Assessment

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The professionals engaged in Supply Chain, Procurement , import, logistics & post graduate business students.
Arrangement for Certificate, lunch and two tea-break would be made by the Organizer during the workshop.