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Course Detail

Defining and Implementing Effective Sourcing Strategies


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Information on this card refer to a past edition of the course.
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Education Center: Georgia Tech - The Supply Chain and Logistics Institute
Date: Please check (on your top-right) for a new edition
City: Savannah, GA



Duration: 3 days
                  
Leading companies throughout the world are looking to formulate integrated supply strategies on both a local geographical and a global basis. This includes strategically sourcing materials and components worldwide and selecting global locations for key supply and distribution centers. The growth in global trade will continue to have a major impact on supply chains and requires firms to practice professional strategic supply management in order to help ensure continuity of supply and to contain and reduce costs.

Strategic sourcing enhances value, ultimately impacting the profitability of an entire organization. In this essential course, you’ll learn how to develop and implement a sourcing strategy that aligns with overall competitive strategy. The course and the associated case studies, activities and discussions provide the context and a framework for making effective sourcing decisions including a comprehensive approach to strategic sourcing.

WHO SHOULD ATTEND
- Sourcing and procurement managers
- Supply chain managers
- Logistics and supply chain planners
- Leaders/individuals involved in supply chain cost reduction initiatives
- Individuals needing to expand sourcing knowledge

HOW YOU WILL BENEFIT
Upon completion of this course, you will be able to:
- Select the most appropriate sourcing strategy for a given commodity or service
- Create and execute effective sourcing strategies
- Optimize sourcing initiatives
- Reduce sourcing costs
- Make a significant contribution to overall organizational performance

 

 




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