Strategic Sourcing - Driving Value in Complex Environments
- Description
- Curriculum
- Reviews
Strategic Sourcing – Driving Value in Complex Environments
This Advanced Strategic Sourcing course equips procurement professionals with the latest strategies, tools, and AI technologies to drive value, manage risks, and foster supplier innovation in complex environments. Designed for professionals in capital-intensive industries, this course provides actionable frameworks and best practices to align sourcing strategies with business goals, optimize costs through TCO and design-to-cost models, and enhance performance through category management and supplier collaboration.
The course offers in-depth exposure to Generative AI tools for supplier discovery, contract management, and market forecasting, along with sustainability frameworks that integrate ESG principles into procurement decisions. With a blend of case studies, role-play exercises, interactive demos, and hands-on AI tools, participants will develop practical skills to lead sourcing transformations.
By the end of the course, attendees will be empowered to create resilient, innovative, and sustainable procurement strategies—positioning their organizations for long-term success in a fast-evolving global economy.
Strategic Sourcing – Driving Value in Complex Environments Training Key Highlights:
- Master advanced negotiation and contract optimization techniques
- Utilize AI-powered tools for supplier selection and market intelligence
- Apply risk management frameworks to enhance supply chain resilience
- Develop sustainable procurement strategies aligned with ESG goals
- Foster supplier innovation and collaboration to drive long-term value
Strategic Sourcing – Driving Value in Complex Environments Outcome:
Participants will leave equipped to lead procurement transformations, leveraging AI, innovation, and sustainability frameworks to build competitive advantages and deliver measurable business impact.
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1
What is Strategic Sourcing 2.0This section explores the fundamental differences between tactical and strategic sourcing
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2
Developing a Strategic Sourcing Roadmap
This lesson explores and provides a roadmap for aligning sourcing efforts with business goals.
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3
High-Impact Spend Categories:
Participants will identify high-impact spend categories and develop strategies for long-term value creation.
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4
Market Intelligence & Predictive Forecasting in Procurement
Participants will learn and apply techniques on how to collect and analyze external market data to make better sourcing decisions. The lesson explores predictive analytics to forecast market trends
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5
AI-Powered Tools for Market Intelligence:
Capabilities of AI platforms for supplier and market analysis. and participants conduct Analytics interpret case study market intelligence data.
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7
Category Management and Center of Excellence (CoE)
This section focuses on category management techniques for optimal spend allocation. Participants use lessons learnt to analyse Centers of Excellence (CoEs) to drive best practices in sourcing and centralize strategic procurement processes.
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8
Design-to-Cost and Value Engineering in Procurement
Participants explore collaborative value engineering strategies by working with internal teams and suppliers to optimize products and processes. The section also emphasizes the design-to-cost methodology for capital projects.
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9
Strategic Negotiation Techniques and Contract Optimization
This lesson provides advanced negotiation frameworks and hands-on role-playing exercises. Participants will also explore how AI-driven insights can support negotiations and learn to optimize contracts to align supplier incentives.
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10
Risk Management Frameworks for Global Supply Chains
Participants advance their thinking on how to identify and mitigate supply chain risks through scenario planning and predictive analytics. They will explore supplier resilience strategies and tools to monitor disruptions proactively.
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11
Emerging Generative AI Tools in Strategic Sourcing and Risk Management
This section introduces Generative AI tools for supplier discovery, segmentation, and contract management. Participants will explore real-world AI use cases in procurement and participate in interactive demos to experience these tools firsthand.as well as use AI driven insights risk fotrcasting tools to reinnforce the learning
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12
Driving Supplier Innovation and Collaboration
This section emphasizes building supplier partnerships to foster innovation. Participants will advance thinking on how to remove barriers to co-create solutions with suppliers and align contracts to encourage R&D and innovation.
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13
Sourcing for Sustainability and ESG Integration
Participants will explore the latest ESG frameworks and sustainability metrics to embed into procurement decisions. They will develop supplier sustainability scorecards and explore strategies for green procurement initiatives.
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14
case study
summary lessons learnt and feedback/QAs
