Effective Global Sourcing Procurement Seminar

SR Supply Chain Consultants
Course summary
5 days
2,995 GBP excl. VAT
Full time
London, Online courses
Professional Training

Course description

Effective Global Sourcing Procurement Seminar

Effective and innovative Global sourcing and Procurement is absolutely critcal for an Organisation operating in todays ecomony. This 5 day program has been developed to ensure that Organisations can continuously gain market competitive advantage through the focused and thorough selection and management of long-term, high-performing and innovative Global Supply Chain partners.
Designed to equip and devlop Procurement and Supply Chain practitioners with the skill set required to successfully source the right Global suppliers – the Suppliers who will make a critical difference for the Organisation both today and sustainably in the future.
Critical areas such as Negotiation in the global environment, global legal implications, global market analysis are given specific focus, along with the practical skills such as the ability to effectively present a business case to key stakeholders to support a global sourcing strategy encompassing Stakeholder management skills.
Effective global sourcing is critical in the modern environment. It is vital that highly trained, diligent, effective Procurement and Supply Chain professionals get this right! This program is designed to help them achieve it.

Suitability - Who should attend?

Procurement, Purchasing and Supply Chain professionals at all levels of the organisation will benefit enormously from this interactive and immersive program.
Other colleagues from across the Organisation with a keen interest in sourcing and effective management of a global supply base would also benefit from attending.

Outcome / Qualification etc.

Course Objectives:

By the end of this program delegates will be able to:

  • Determine viable opportunities for global sourcing and prepare a supporting business case.
  • Be able to actively analyse and utilise tools to fully understand a global market place.
  • Effectively manage stakeholders in successfully implementing a global sourcing strategy.
  • Fully appreciate the importance of obtaining a cultural appreciation and understanding when sourcing globally.
  • Effectively prepare and negotiate successfully with global suppliers.
  • Balance technical and commercial requirements appropriately when sourcing and selecting a global supply base.
  • Appreciate the potential for achieving organisational competitive advantage through the utilisation of excellent global supplier performance and relationship management.

35 Hours CPD

Training Course Content

Determine Business Needs, the Specification, Terms & Conditions
Determine the Business needs – do we need to go Global?
Defining the Specification for a Global supply base
Determining the essential Terms & Conditions

Global Supply Market Analysis and Preparing for a visit
Global Supply Market Analysis
Preparing and arranging a Supplier(s) visit

Supplier Appraisals & balancing technical and commercial requirement
Understanding Culture in advance
Balancing Technical and Commercial criteria

Global Contract Negotiation
Phases of a global negotiation
Preparation, Objective setting, Negotiation variables, Terms & Conditions, Commercial Requirement
Terms & Conditions – Logistics, Packaging , Labelling
Testing and moving
Agreement and finalisation
Evaluation and review

Contract Award, Supplier Performance Management (SPM) and Supplier Relationship Management (SRM)
Contract Award
Supplier Management in the Procurement Cycle
Global contract / Supplier Performance Management
Global Supplier Relationship Management

About provider

SR Supply Chain Consultants Ltd - Developing the People Behind Procurement & Supply

SR Supply Chain Consultants Ltd have been delivering procurement  training for a number of years, specialising in the delivery of the Chartered Institute of Purchasing and Supply (CIPS) qualification, and the Commercial Procurement and Supply Apprenticeship. SR Supply Chain Consultants...

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Contact info

SR Supply Chain Consultants

Suite 8 Business First Centre Millennium Road
PR2 5BL Preston

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