The procurement department is often viewed and managed as an administrative function, with sourcing activities executed at arms length. Strategic sourcing addresses this issue by providing a strategic approach towards optimizing and continuously improving sourcing activities using a proven 7-step methodology. In this course, we describe the steps entailed in the strategic sourcing process. We outline an approach for developing product categories via an analysis of organizational spend. We then discover six go-to-market strategies and describe how each can be matched with different product categories. Finally, we identify the appropriate Key Performance Indicators (KPIs) required for the continuous improvement of sourcing activities.
This course uses a variety of individual and team exercises, case studies, questionnaires and videos.
Purchasing and supply chain professionals at all levels of the organization as well as other company personnel who are involved in the purchasing process.
Chartered Institute of Logistics and Transport (CILT): Meirc is an Approved Training Provider (ATP) in the region for the Chartered Institute of Logistics and Transport (CILT). Established in 1919, CILT is the world’s leading supply chain, logistics and transport professional body with over 33,000 members across the globe. CILT seeks to add value to individual and corporate members by enhancing their knowledge, careers, and businesses by setting, supporting and delivering professional standards and education in the fields of logistics, transport and supply chain. By attending Meirc’s CILT accredited courses, participants can earn CPD units as well as attain modular unit award courses that can be combined for international certification
DoubleTree Business Bay is a beautiful new hotel situated close to The Dubai Mall, downtown Boulevard, Burj Khalifa and Dubai Opera.
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Everyone in Meirc is ready to help you. That is one of our commitments. If you wish to enquire about any of our products or services, or if you wish to have additional information about a specific product or service, please complete the sections below with a short description of your requirement and we will promptly respond to your enquiry. Expected turnaround time for standard enquiries is one business day.