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Strategic Sourcing and Category Management

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Use world-class Strategic Sourcing methods to focus on where the real value lies in your Supply Chain.

Date:

October 18, 2021 -

 

Closing Date for registrations:

11 October

Course Venue:

Online, instructor-led training

Cost:

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R 6450 excluding VAT

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Course Objectives

Use world-class Strategic Sourcing methods to focus on where the real value lies in your Supply Chain.

Next date: 18-19 October

Sourcing initiatives are a means of reducing cost while continuing to meet the business objectives of your organisation. Learn how to align sourcing initiatives within your organisation and enable procurement to play a more strategic role: work through a step-by-step, practical approach to implementing strategic sourcing.

You will learn

  • How to focus on cost reduction and not just price., Segment your spend into various spend groups based on the impact on the buying company., Appoint cross-functional teams to focus on key areas of spend., Build a comprehensive knowledge base of the spend under review; including spend analysis; supply base analysis; total cost of ownership and supplier cost and performance drivers., Reposition commodities based on strategic drivers., Work through more than 50 opportunities within the commodities under review including opportunities relating to the supply base; commodity and organisational characteristics; and the wider supply chain around the commodity grouping., Develop commodity strategies., Develop commodity business plans., Understand the infrastructure required for sustainable and rigorous implementation of strategic sourcing and commodity management.

Who should attend

  • Procurement and Supply Chain Managers, Commodity Managers, Category Manager, Supply chain Analyst, Sourcing Manager, Cross-functional teams leaders/members, Buyers, Contract Managers

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