Best-in-class businesses understand the value that strategic sourcing creates and see it as essential to their overall growth goals. A company needs a variety of competencies to implement strategic sourcing and transfer value from supplier to customer along the supply chain in order to become a world-class procurement organization in the twenty-first century.
More than just the purchasing function's straightforward assignment of business to suppliers is strategic sourcing. It is a multifaceted process that results in an action plan spanning several years. The foundation of effective sourcing strategies is a thorough examination of the buy, the supply sector, and the core value drivers.
Create a strategic sourcing plan that produces measurable results.
To maximize overall cost savings, put the strategic sourcing plan into practice.
Analyze and rank the available savings opportunities.
Create procedures to oversee the strategic sourcing contract's performance.
Utilize best practices and knowledge gained from strategic sourcing initiatives.
Procurement Officers
Contracting Officers
Supply Chain Professionals
Program Managers
Those who are involved in the planning, evaluation, preparation and management of purchasing, tenders, contracts that cover the acquisition of materials, equipment, and services
What is a Sourcing Strategy?
How to Measure Procurement Excellence
Strategic vs. Tactical Sourcing
Benefits of Strategic Sourcing
Strategic Sourcing and Industry
The Methodology of Strategic Sourcing
Develop a Strategic Sourcing Plan
Evaluate and Prioritize Commodities
Analyze The Supply Market
Develop a Commodity Strategy
Develop The Acquisition Strategy
Develop a Transition Plan
Selection of Implementation Path
Identification of Preferred Supplier(s)
Supplier Development and The Strategic Sourcing Process
Supplier Development Constraints
Negotiation Strategy – Competitive vs. Collaborative
Proposal Solicitation and Evaluation
Principles of Cost and Value Management for Strategic Cost Management
Being aware of total cost of ownership
Purchase Evaluation Instruments and Methods
Performance Evaluation and Measuring
The Importance of Supplier Performance Management
Developing and Maintaining Long-term Supplier Relationships
Because supervisory levels are the link between the executive and senior management levels, achieving the organization's objectives, increasing productivity and overall performance of the organization, affects the effectiveness and efficiency of supervisors' performance.
And because of the skills of supervisors in any organization in need of continuous development, and to acquire advanced tools and methods that reflect on the deepening of these skills and activate their role in motivating individuals working, and push them to commit to the goals of the organization.
You need this conference to learn about supervisory skills and advanced methods, to be able to play an effective and supervisory role in your organization.
Managing an office has become an increasingly sophisticated and complex job. The increased demand for speed and accuracy, knowledge of new technology, and an increasingly diverse workforce bring challenges and also opportunities for growth. This dynamic and in-depth course explores some of the more advanced skills which can help an office manager to work more confidently, creatively, and effectively.
As a supervisor, the success of your organization rests in your hands. This course provides you with the opportunity to develop highly effective and essential supervisory skills that will strengthen teamwork and organizational success. Also, this course will help you manage everyday operations with greater ease. Furthermore, it will help you leverage both your managerial and people skills to meet your new challenges as the 21st-century supervisor.
This course is designed for participants to introduce to key issues and themes in international development.
Participants will explore and engage in academic debates and discussions around a set of key factors that shape, influence, and constrain the development and prosperity of nations.
The course will explore a number of key themes in international development, including how questions of gender and generation shape the impact of poverty; how processes of globalization, migration, and violent conflict impact development; and how development and the environment are linked.
It also considers what exactly we mean by poverty, and how different ways of understanding poverty feed into different approaches to tackling it.
It will also consider development institutions: what are the key institutions in the architecture of international development? How do they differ, and what are the challenges and opportunities they present? Through this module, participants will gain a solid background in the various factors which shape current approaches to and debates on international development.
By introducing participants to a range of problems in economic development, we will look to analyze how economic theory and models can explain the lack of development in some nations. We will apply such theory to real-world economies to understand the nature of the problems they face and how effective policies can be in tackling the problems.
A five-day course on the practical aspects of piping and pipeline design, integrity, maintenance, and repair. The participants will obtain an in-depth understanding of the ASME B31 code rules and API standards, their technical basis, and practical application to field conditions.
Corporate/Public governance and risk management are critical There is increasing attention being paid to corporate governance and risk management in business schools and among legislators.