Mastering Global Sourcing And Procurement - All-In-One Guide

Mastering Procurement, Sourcing: Strategies, Supplier Management, Supply Market Analysis, Negotiation, Risk Mitigation

What you'll learn

Master Supplier Evaluation and Risk Management: Learners will be able to evaluate suppliers effectively and develop robust risk management plans to mitigate pot

Procurement Basics: New procurement professionals will gain an all-in-one guide on how procurement and sourcing work, enabling a quick start in their roles.

Quick Start: New procurement professionals will get a fast track into their roles with foundational knowledge of procurement processes and best practices.

Value Addition: Non-procurement professionals will learn procurement principles to enhance their understanding and contribute to their daily work.

Strategic Insight: Non-procurement professionals will acquire knowledge to collaborate effectively with procurement teams and add strategic value to their roles

Learn how to organize procurement with the right leadership to create a competitive advantage through savings, innovation, and faster time-to-market.

Understand the importance of managing internal stakeholders and building strong supplier relationships to drive top-line growth and ensure quality.

Negotiation Skills: Develop effective negotiation strategies, plan thoroughly, and learn to achieve better outcomes with aspirational goals and realistic altern

Supply Market Analysis: Gain the ability to analyze supply markets strategically, using tools like PESTEL, Porter's Five Forces, and supply market segmentation.

Supplier Management: Learn the essentials of supplier selection, evaluation, and management to ensure high performance and strong partnerships.

Requirements

No prior procurement experience needed: You'll learn everything you need to know from scratch.

Open to all: Whether you're a new or seasoned professional, the course offers valuable insights and practical knowledge.

Description

Welcome to "Mastering Global Sourcing and Procurement - All-in-ONE Guide." This comprehensive course is designed to provide a deep understanding of procurement and sourcing, suitable for anyone in any business that requires these essential skills. Whether you're a new procurement professional or someone looking to enhance your knowledge, this course offers valuable insights and practical knowledge.Throughout the course, you will learn the basics of procurement, strategic sourcing, supplier management, and risk mitigation. With my extensive experience as a supply chain manager in top manufacturing companies and as the Head of Sourcing for leading global companies, I bring both knowledge and firsthand exposure to this course.We start with procurement basics, covering definitions, processes, and the importance of procurement in creating a competitive advantage. Next, we delve into strategic sourcing, exploring techniques to develop effective sourcing strategies and supplier profiles. Supplier management is extensively covered, teaching you how to evaluate, select, and manage suppliers, and build strong supplier relationships. Risk management strategies are also addressed to help you mitigate potential supply chain disruptions.This course emphasizes practical applications, ensuring you gain hands-on knowledge that you can implement in your daily work. Whether you're involved in direct or indirect procurement, this course is designed to add value to your role and enhance your skills.Join me on this educational journey, and together, we'll unlock the secrets of successful procurement and sourcing. By the end of this course, you'll be equipped with the tools and confidence needed to excel in your procurement endeavors. Thank you for choosing this course, and I look forward to helping you succeed.

Overview

Section 1: Course Introduction

Lecture 1 Welcome and Course Introduction

Section 2: Procurement Basics

Lecture 2 Welcome and what to expect in Procurement Basic

Lecture 3 Procurement Definitions

Lecture 4 The Importance of Procurement

Lecture 5 Procurement Processes

Lecture 6 Directs and Indirects

Lecture 7 Stakeholder Management

Section 3: Stategic Sourcing

Lecture 8 Welcome and what to expect in Strategic Sourcing

Lecture 9 Strategic Sourcing Part 1

Lecture 10 Strategic Sourcing Part 2

Lecture 11 Strategic Sourcing Part 3

Section 4: Supplier Management

Lecture 12 Welcome and What to expect in supplier management

Lecture 13 Supplier Selection and management Part 1

Lecture 14 Supplier Selection and management Part 2

Lecture 15 Contract Management

Lecture 16 Risk Management - Part 1

Lecture 17 Risk Management - Part 2

Lecture 18 Ethics

Section 5: Supply Market Analysis

Lecture 19 Welcome to Course 5 and What you can expect Supply Market Analysis

Lecture 20 Macro Level

Lecture 21 Industrial level

Lecture 22 Supplier Level

Section 6: Procurement Negotiation

Lecture 23 Welcome and what to expect in Procurement Negotiation

Lecture 24 Negotiation Process

Lecture 25 Develop A Plan

Lecture 26 In the Negotiation

Lecture 27 Post negotiation

Section 7: Strategic Procurement and Sourcing Conclusions

Lecture 28 Welcome and what you can expect from this section

Lecture 29 The Future of Strategic Procurement

Lecture 30 Course Wrap-up

Students and career changers: Explore procurement as a potential career path with a thorough understanding of its principles and practices.,Non-procurement professionals: Understand procurement processes to add value to your daily work and collaborate more effectively with procurement teams.,New procurement professionals: Gain a comprehensive guide to procurement and sourcing processes for a quick start in your role.,Experienced procurement practitioners: Enhance your skills with advanced strategies in supplier management, risk mitigation, and strategic sourcing.,Business leaders and managers: Learn how procurement can drive competitive advantage and improve overall business performance.