Executive Development Programme in Strategic Sourcing & Vendor Analysis
-- ViewingNowThe Executive Development Programme in Strategic Sourcing & Vendor Analysis is a certificate course designed to empower professionals with the skills necessary to optimize organizational spend and strengthen vendor relationships. This program emphasizes the importance of data-driven decision-making, market research, and risk management in supply chain management.
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โข Strategic Sourcing Fundamentals: Understanding the basics of strategic sourcing, its benefits, and the role of procurement in organizations.
โข Spend Analysis: Techniques for analyzing and categorizing organizational spend to identify opportunities for cost savings and process improvements.
โข Supplier Relationship Management: Building and maintaining effective relationships with suppliers to maximize value and minimize risk.
โข Contract Management: Best practices for negotiating, drafting, and managing contracts to ensure compliance and minimize risk.
โข Vendor Analysis and Evaluation: Methods for assessing and selecting vendors based on their capabilities, performance, and risk profile.
โข Category Management: Techniques for managing and optimizing spend categories, including market research, supplier segmentation, and strategic sourcing initiatives.
โข Sustainable Sourcing: Integrating sustainability and corporate social responsibility considerations into sourcing decisions and supplier evaluations.
โข Procurement Analytics: Leveraging data and analytics to drive better sourcing decisions and improve procurement performance.
โข Procurement Technology: Overview of procurement technology solutions, including e-sourcing, e-procurement, and supplier management platforms.
โข Change Management: Strategies for managing change within the procurement function, including communication, training, and stakeholder engagement.
Note: The above list is not exhaustive and can be customized based on the specific needs and goals of the Executive Development Programme.
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