Certificate in Strategic Sourcing: Core Principles

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The Certificate in Strategic Sourcing: Core Principles is a comprehensive course designed to equip learners with essential skills for career advancement in procurement and supply chain management. This course emphasizes the importance of strategic sourcing in achieving organizational goals and maximizing profitability.

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AboutThisCourse

In today's dynamic business environment, there is a high demand for professionals who possess strategic sourcing skills to drive cost savings, mitigate supply chain risks, and improve supplier relationships. This course provides learners with practical knowledge and tools to implement strategic sourcing best practices and make informed sourcing decisions. By completing this course, learners will gain a deep understanding of the core principles of strategic sourcing, including spend analysis, category management, supplier relationship management, and risk management. They will also develop skills in negotiation, contract management, and supply market analysis, making them valuable assets in any organization. In summary, the Certificate in Strategic Sourcing: Core Principles course is essential for professionals seeking to advance their careers in procurement and supply chain management. It provides learners with practical skills and knowledge to excel in strategic sourcing and contribute to their organization's success.

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CourseDetails

• Introduction to Strategic Sourcing: Understanding the basics, benefits, and best practices of strategic sourcing
• Spend Analysis: Techniques for evaluating and categorizing organizational spend to identify opportunities
• Supplier Relationship Management: Building and maintaining effective partnerships with suppliers
• Category Management: Classifying and managing spend categories for improved strategic sourcing
• Contract Management: Developing, negotiating, and executing contracts that align with organizational goals
• E-Sourcing Solutions: Utilizing technology to streamline and enhance strategic sourcing processes
• Risk Management in Strategic Sourcing: Identifying, assessing, and mitigating risks in the sourcing process
• Sustainable Sourcing: Integrating environmental, social, and governance factors into strategic sourcing decisions
• Performance Metrics and KPIs: Establishing and tracking key performance indicators for strategic sourcing success

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EntryRequirements

  • BasicUnderstandingSubject
  • ProficiencyEnglish
  • ComputerInternetAccess
  • BasicComputerSkills
  • DedicationCompleteCourse

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  • NotAccreditedRecognized
  • NotRegulatedAuthorized
  • ComplementaryFormalQualifications

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CourseFee

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FastTrack GBP £140
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AcceleratedLearningPath
  • ThreeFourHoursPerWeek
  • EarlyCertificateDelivery
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StandardMode GBP £90
CompleteInTwoMonths
FlexibleLearningPace
  • TwoThreeHoursPerWeek
  • RegularCertificateDelivery
  • OpenEnrollmentStartAnytime
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  • FullCourseAccess
  • DigitalCertificate
  • CourseMaterials
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CERTIFICATE IN STRATEGIC SOURCING: CORE PRINCIPLES
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London School of International Business (LSIB)
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05 May 2025
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