Strategic Sourcing
Course Description
Strategic sourcing relates to getting the best products and services at the best value. It is designed to segment external spend and ensure that procurement resources are focused on the most important categories. What sets strategic sourcing apart is its continuous attention to improving and re-evaluating the purchasing activities of a company, thus enabling organisations to adapt to changing market forces. Strategic sourcing is a core activity in purchasing and supply management which can be defined as satisfying the organization's needs via planned analysis of supply markets and the selection of suppliers, with the objective of delivering solutions to meet agreed organizational requirements. Strategic sourcing has become a best practice in procurement management and makes good business sense for meeting bottom line targets. In to Module’s business environment, managers need to have a firm grasp on the potential impact of how they manage their purchasing spend within their organisation. This course takes you through a variety of tools and techniques in how a category or spending plan should be viewed from a strategic perspective. It is aimed at providing a framework for supply management activities. You are also provided information on how to manage a sourcing project. The objective will be to explain the tie between the commodity strategy and supply management activities, and provide an overall perspective of the organization's objectives.
The Training Course Will Highlight ?
Training Objective

In robust, interactive classroom sessions, participants learn practical, “how to” techniques for:

  • Creating effective sourcing teams
  • Gaining stakeholder involvement and buy-in
  • Comprehensively understanding both internal needs and the external supply market
  • Understanding the Total Cost of Ownership (TCO)
  • Building effective RFIs and RFPs
  • Developing the right sourcing strategy
  • Establishing negotiations objectives and strategy
  • Conducting effective negotiations and developing a good contract
  • “Speaking with one voice” to suppliers
  • Developing and maintaining long-term supplier relationships

Target Audience

  • Supply Chain Managers
  • Purchasing Directors
  • Heads of Procurement
  • Heads of Planning
  • Heads of Supply Support
  • Contracts Managers
  • Contracts Procurement Managers
  • Inventory Managers
  • Logistics Managers
  • Heads of Stock Control
  • Heads of Materials Management
  • Warehousing Managers
  • Managers involved in day-to-day procurement operations and activities

Training Methods

This interactive Training will be highly interactive, with opportunities to advance your opinions and ideas and will include;

  • Lectures
  • Workshop & Work Presentation
  • Case Studies and Practical Exercise
  • Videos and General Discussions

Daily Agenda
  • Module One
    Aligning the Sourcing Strategy

    this session will look at the challenges facing organisations in ensuring that their sourcing strategy supports the overall strategy of the organisation.
  • Module Two
    this session will look at the steps involved in a strategic sourcing process. You will discuss how to analyses sourced goods and services into categories or commodity groups. You will then consider how their characteristics can be used to build sourcing strategies, generate a supplier portfolio, and decide a selection route.
  • Module Three
    this session covers the negotiation part of the strategic sourcing process. You will look at the process of negotiation and how you can gain success through effective management of that process.
  • Module Four
    this session will look at the final stages of the strategic sourcing process, transition planning and performance monitoring. You will also discuss how to use financial data in the business cases used to support sourcing decisions.
Accreditation

BTS attendance certificate will be issued to all attendees completing minimum of 80% of the total course duration.

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Course Rounds : (5 -Days)


Code Date Venue Fees Register
PRO162-01 11-05-2025 Dubai USD 5450
PRO162-02 17-08-2025 Jeddah USD 5450
PRO162-03 19-10-2025 Dubai USD 5450
PRO162-04 08-12-2025 Amsterdam USD 6950
Prices doesn't include VAT

UpComing Date


Details
  • Start date 11-05-2025
  • End date 15-05-2025

Venue
  • Country UAE
  • Venue Dubai

Quality Policy

 Providing services with a high quality that are satisfying the requirements
 Appling the specifications and legalizations to ensure the quality of service.
 Best utilization of resources for continually improving the business activities.

Technical Team

BTS keen to selects highly technical instructors based on professional field experience

Strengths and capabilities

Since BTS was established, it considered a training partner for world class oil & gas institution

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