Strategic sourcing is an approach to supply chain management that gather and use information so an organization can use its consolidated purchasing power to find the best possible values in the marketplace and align its purchasing strategy to business goals.
Digital transformation is causing procurement and supply chain processes to evolve. You need to analyses what your organization buys, from whom, at what price and at what volume.
It is different from the conventional purchasing because it places emphasis beyond initial purchase price to focus on total cost of ownership and optimizing the sourcing process through ongoing market analysis and building relationships with suppliers.
The best-in-class companies sees strategic sourcing as a value creator and integral for long term growth.
To become a world-class procurement organization in the 21st century, a company requires various competencies that will enable it to effect strategic sourcing and transfer value throughout the supply chain from supplier to customer. This workshop addresses these and talk delegates through a journey of 360 value creation.
By the end of this Implementation of Strategic Sourcing program, you will be able to:
Course benefits
All executives and managers involve in Purchasing and Supplying, Finance and Costing, Order and Sales Planning.
DAY 1
9.00 am - 5.00 pm
9.00AM - 10.30AM
Module 1: Sourcing and Outsourcing Life Cycle
10.30AM - 10.45AM Break
10.45AM - 1.00PM
Module 2 : Understanding the Strategic Factors
1.00PM - 2.00PM Lunch
2.00PM - 3.30PM
Module 3: Environmental Scanning and Analysis Implication
3.30PM - 3.45PM Break
3.45PM - 5.00PM
Module 4: The seven Danger Zones of Sourcing Practices
DAY 2
9.00 am - 5.00 pm
9.00AM - 10.30AM
Module 5: Strategic Sourcing Principal Stages and Sequences
10.30AM - 10.45AM Break
10.45AM - 1.00PM
Module 6: Selection of Single or Multiple Sourcing
1.00PM - 2.00PM Lunch
2.00PM - 3.30PM
Module 7: The Supplier Supply Management System
3.30PM - 3.45PM Break
3.45PM - 5.00PM
Module 8: Empowerment Tools in Strategic Sourcing
An interactive based workshop with assignments and interactive group activities reinforcing the understanding of learning points and related participant’s job scope
DUGLAS FERNANDES, a Malaysian, prior to being a trainer cum consultant, held the position as Regional QC Manager, for a leading European Investor. Key responsibilities were to conduct Quality Control Audits for Companies or businesses which were targeted to be acquired or invested anywhere around the globe. Additionally, he was responsible to carry out re-engineering and restructuring for product or process reliability for the group of companies.
Duglas was head hunted by “International Head-hunter” and was doing the above from November 2007 until January 2013. During this tenure, he took up assignments with extensive travel to Thailand, Philippines, Laos, Indonesia, Korea, Japan, China, Hong Kong, Dubai, India, Sri Lanka, Africa, Canada, Germany, France, Switzerland and many Middle-East countries. This made his career very suitable and adaptable to cross cultures, which adds to his advantage as a trainer cum consultant.
His expertise started with Panasonic (M) for 23 years where he was groomed and grew to a Quality orientated person. His last position held was QC Manager.
Duglas obtained his Doctorate in Business Administration from Riviera University, France, majoring in “Incorporating Total Quality Management to innovate, manage change and critically think of enhancing Customer Satisfaction”.
His world of experience, expertise and knowledge in the chosen field has made him an authority in Quality Management. He conducts a big list of quality related and soft-skill programs and to list a few are:
For training and advisory services, feel free to contact us at info@itrainingexpert.com or call us at +603 8082 3707 | +603 8074 9056 | +6012 6869 628 | +6018 2175 123
“Before attending the course, I am not sure if I am doing the right thing. During the course, I learned about Strategic Sourcing, Logistic, Supplier Relationship, SOW, Incoterm 2020, marine Insurance CIF. After the course, I feel confidence. The trainer is very knowledgeable in the subject matter.” Head Of Sirim Berhad, Malaysia
“Before attending the course, I feel would like to learn new about procurement management. During the course, I learned about The Relationship Between Procurement, Supplier Management And Purchasing, 3 golden rules negotiation, framework in purchasing , detail incoterms 2010 and 2020. After the course, I feel good and give me new knowledge about strategic procurement, negotiation and incoterms. The trainer is very good have more knowledge and experience. Able to answer all question and easy to understand." Procurement of Sirim Berhad, Malaysia
| Normal Fee | Early Bird | Group Fee |
|---|---|---|
| Sign up 1 pax | Sign up 1 pax | Sign up 3 pax or more |
| Pay 1 day(s) before course starts | Pay 14 day(s) before course starts | Pay 14 day(s) before course starts |
| MYR 3490 per pax | MYR 2890 per pax | MYR 2790 per pax |
| USD 1030 per pax | USD 850 per pax | USD 820 per pax |
Upon successful completion of this program, you will receive a Certificate of Achievement.
1.Online Payment by Credit card: You can opt to register and pay online with our latest payment integration system through our website.
2. Telegraphic Transfer- You can also opt to use GIRO or telegraphic transfer of payment via international banks.
We'd happy to help.
Feel free to talk to us today, however most suitable for you.
Mobile call/ whatsapp: +6012 6869 628 | +6018 2175 123
Office: +603 8074 9056
Email: info@itrainingexpert.com
Website: www.itrainingexpert.com
