Adaptive Sourcing: Technology (IT) Procurement in Practice

IT Procurement with Agile mindset

What you'll learn
Evaluate the economic effect of Agile Procurement in terms of revenue loss due to delayed Time-to-Market
Study and practice true Agile procurement principles (speed, flexibility, multiple choice scenarios)
Understand transformational trends of the Industry 4.0
Explain the notion of the Operating Model
Review the Bimodal operating model and its realization for IT and Procurement
Study three ground theories (PST Model, Buygrid Framework, Pace Layer Model)
Synthesize earlier theories into the Adaptive Sourcing Concept
Understand the complexity of innovation procurement and possible solutions to source Systems of Innovation.
Review the Hybrid Sourcing Strategy for IT as a practical application of the Adaptive Sourcing
Requirements
Basic understanding of IT and Procurement, operating models, and transformation trends
Description
This course unites two worlds – IT and Procurement. Both functions undergo significant business and technological transformation to comply with the Industry 4.0 mandate.
Our course is efficient - it is half exercises, case studies, and applying best practices straight after learning.
Instead of just talking about Agile procurement, we'll suggest actionable advice for its realization synthesized from classical theories and intuitive concepts. For example, we will provide the mathematical model to calculate the value of Time-to-Market and prove the critical importance of Agile procurement.
In 2022, the standardized "unisex" governance was a repelling anachronism, damaging the company and its suppliers more than any competitors.
We need to apply flexible business processes depending on the situation selectively.
A
bimodal
operating model

precisely allows that. Therefore, it attracted IT and strategic sourcing professionals, creating "
bimodal IT"
and "
bimodal

procurement
."
This course will explain the origins of the
bimodal operating model
, its bright sides, and its deficiencies.
We'll present
Adaptive Sourcing
as the synthesis of different concepts, which leverages the bimodal procurement process but goes well beyond its remits. Essentially, it is the practical realization of
Agile procurement
.
We'll also propose a custom sourcing strategy for IT goods and services that puts our theoretical definitions into the negotiation practice.
Indeed, Adaptive Sourcing is one of the implementations of
Agile

Procurement 4.0
– flexible, variable, and streamlined. It brings additional cost savings, stakeholder satisfaction, and business process optimization.
Strategic procurement and sourcing managers and IT experts may start practicing it immediately!
Who this course is for:
IT and Procurement officers, managers, and executives aiming to practice the Agile procurement
Proponets of flexible governance, value creation, and Agile methodology.


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