Strategic Sourcing & Risk-Based Approaches

• Strategic sourcing process and methodology
• Market analysis and supplier evaluation
• Risk identification in sourcing activities
• Risk-based decision making
• Developing sourcing strategies
• Practical case study

Suitable for procurement, sourcing, supply chain, operations and finance professionals involved in purchasing, supplier management and commercial decision-making.

Delivered as interactive 3-hour workshop.

Product Description

This module introduces strategic sourcing approaches designed to improve supplier selection, cost effectiveness and supply chain resilience. Participants will examine sourcing methodologies, supplier evaluation techniques and risk-based decision-making approaches to support stronger procurement outcomes.

Awarding Body: Optima Training & Consulting Ltd

National Framework of Qualifications Level: N/a

Certification: Optima Training & Consulting Ltd Certificate of Completion

Renewal: N/a

Entry Requirements:
Minimum age- 18 years old

Minimum English requirements: Leaners must be able to understand and convey the concepts contained in the programme content.

Assessment Details: Class Interaction

Cost Per Person:
The fee is inclusive of all training courseware materials, certificate of completion and 3 months after training support.

Progression Opportunities: Please see related courses

Protection for Enrolled Students: N/A

Should a course not proceed, any payment received will be refunded within 48 hours