Strategic Sourcing: Masterclass & Best Practices

Course Introduction

Delivered over five days, this masterclass-style programme on Strategic Sourcing combines concise technical input with hands-on application. It is built around sourcing, tendering and supplier management, so examples, exercises and discussion stay relevant to participants' daily work.

Training Objectives

• 01Build a shared vocabulary and framework for Strategic Sourcing that your whole team can use
• 02Apply proven methods for Strategic Sourcing to realistic scenarios drawn from sourcing, tendering and supplier management
• 03Anticipate the failure points and compliance issues that most often affect Strategic Sourcing
• 04Communicate Strategic Sourcing decisions clearly to colleagues, clients and management
• 05Prepare a personal action plan to apply Strategic Sourcing in your own organisation

What You Will Take Away

• A checklist of common pitfalls and how to avoid them
• Benchmarks and KPIs to track your own results
• A negotiation and communication cheat-sheet

Who Should Attend

• Procurement & Purchasing Officers
• Supply Chain Managers
• Contracts Administrators
• Category & Sourcing Specialists

Prerequisites: Best suited to experienced practitioners and team leaders.

Training Methodology

Run as a senior-practitioner masterclass, the programme centres on expert-led discussion, peer exchange and deep analysis of complex situations. Case material and examples are drawn from sourcing, tendering and supplier management.

Day-by-Day Programme (5 Days)

• Day 1
  Foundations and context

  Key terms, roles and the regulatory background behind Strategic Sourcing, with examples from sourcing, tendering and supplier management.

• Day 2
  Methods and standards in depth

  A detailed look at frameworks, codes and decision methods used in Strategic Sourcing.

• Day 3
  Practical workshop day

  Group exercises and simulations that put Strategic Sourcing techniques to work.

• Day 4
  Case-study day

  Real-world cases, failure analysis and improvement options related to Strategic Sourcing.

• Day 5
  Action plan and assessment

  Review, individual action plans and a short assessment to confirm readiness to apply Strategic Sourcing.

Upcoming Sessions