Mastering Global Sourcing and Procurement -EASY and Pratical

Name: Mastering Global Sourcing and Procurement -EASY and Pratical
Rating: 4.4 (69 reviews)

Procurement professional, Sourcing, Alibaba, purchasing, negotiation training; SAP, supplier, market analysis, Beginner

Created byLossy Xu

Last updated 8/2024

English

English [Auto],

What you'll learn

Master Supplier Evaluation and Risk Management: Learners will be able to evaluate suppliers effectively and develop robust risk management plans to mitigate pot
Procurement Basics: New procurement professionals will gain an all-in-one guide on how procurement and sourcing work, enabling a quick start in their roles.
Quick Start: New procurement professionals will get a fast track into their roles with foundational knowledge of procurement processes and best practices.
Value Addition: Non-procurement professionals will learn procurement principles to enhance their understanding and contribute to their daily work.
Strategic Insight: Non-procurement professionals will acquire knowledge to collaborate effectively with procurement teams and add strategic value to their roles
Learn how to organize procurement with the right leadership to create a competitive advantage through savings, innovation, and faster time-to-market.
Understand the importance of managing internal stakeholders and building strong supplier relationships to drive top-line growth and ensure quality.
Negotiation Skills: Develop effective negotiation strategies, plan thoroughly, and learn to achieve better outcomes with aspirational goals and realistic altern
Supply Market Analysis: Gain the ability to analyze supply markets strategically, using tools like PESTEL, Porter's Five Forces, and supply market segmentation.
Supplier Management: Learn the essentials of supplier selection, evaluation, and management to ensure high performance and strong partnerships.

Course content

7 sections • 30 lectures • 4h 12m total length

Welcome and Course Introduction3:26

Welcome and what to expect in Procurement Basic0:53
An introduction to the section, outlining the key topics and learning outcomes for procurement fundamentals.
Procurement Definitions7:40
Detailed explanations of key procurement terms and concepts essential for understanding the field.
The Importance of Procurement5:07
An exploration of why procurement is crucial to organizational success and its impact on overall business operations.
Procurement Processes12:45
A step-by-step guide through the standard procurement processes, from identifying needs to contract management.
Directs and Indirects8:29
Clarification of the differences between direct and indirect procurement, including their respective roles and importance.
Stakeholder Management13:54
Strategies for effectively managing and engaging stakeholders in the procurement process.

Welcome and what to expect in Strategic Sourcing1:30
An introduction to the strategic sourcing section, highlighting the importance and objectives of strategic sourcing.
Strategic Sourcing Part 113:16
Introduction to strategic sourcing, focusing on the initial steps and foundational strategies.
Strategic Sourcing Part 27:20
Continuation of strategic sourcing, diving deeper into advanced strategies and implementation.
Strategic Sourcing Part 35:56
Final part of strategic sourcing, covering advanced techniques

Welcome and What to expect in supplier management2:10
Introduction to supplier management, outlining key areas of focus and expected learning outcomes.
Supplier Selection and management Part 19:13
Initial steps in selecting and managing suppliers, including criteria and evaluation techniques.
Supplier Selection and management Part 216:48
Advanced strategies for supplier management, including relationship building and performance monitoring.
Contract Management10:54
Comprehensive overview of contract management, from negotiation to execution and compliance monitoring.
Risk Management - Part 16:37
Introduction to risk management in procurement, focusing on identifying and assessing potential risks.
Risk Management - Part 27:56
Advanced risk management strategies, including mitigation and contingency planning.
Ethics7:14
Discussion on the ethical considerations in procurement, emphasizing integrity and compliance.

Welcome to Course 5 and What you can expect Supply Market Analysis1:14
Macro Level5:25
Analysis of supply markets at a macro level, including global trends and economic factors.
Industrial level9:53
Focus on industry-specific market analysis, identifying key players and competitive dynamics.
Supplier Level10:16
Detailed analysis at the supplier level, evaluating individual supplier capabilities and market positioning.

Welcome and what to expect in Procurement Negotiation3:36
Introduction to procurement negotiation, highlighting key skills and strategies to be learned.
Negotiation Process9:56
Detailed overview of the negotiation process, from preparation to final agreement.
Develop A Plan14:46
Strategies for developing effective negotiation plans, including goal setting and tactic selection.
In the Negotiation13:46
Post negotiation9:40
Guidance on post-negotiation activities, including contract management and relationship building.

Requirements

No prior procurement experience needed: You'll learn everything you need to know from scratch.
Open to all: Whether you're a new or seasoned professional, the course offers valuable insights and practical knowledge.

Description

DISC Code: "LIMITED"

Best procurement and sourcing course for beginners or ongoing procurement fellows!

Welcome to "Mastering Global Sourcing and Procurement - All-in-ONE Guide." This comprehensive course is designed to provide a deep understanding of procurement and sourcing, suitable for anyone in any business that requires these essential skills. Whether you're a new procurement professional or someone looking to enhance your knowledge, this course offers valuable insights and practical knowledge.

Throughout the course, you will learn the basics of procurement, strategic sourcing, supplier management, and risk mitigation. With my extensive experience as a supply chain manager in top manufacturing companies and as the Head of Sourcing for leading global companies, I bring both knowledge and firsthand exposure to this course.

We start with procurement basics, covering definitions, processes, and the importance of procurement in creating a competitive advantage. Next, we delve into strategic sourcing, exploring techniques to develop effective sourcing strategies and supplier profiles. Supplier management is extensively covered, teaching you how to evaluate, select, and manage suppliers, and build strong supplier relationships. Risk management strategies are also addressed to help you mitigate potential supply chain disruptions.

This course emphasizes practical applications, ensuring you gain hands-on knowledge that you can implement in your daily work. Whether you're involved in direct or indirect procurement, this course is designed to add value to your role and enhance your skills.

Join me on this educational journey, and together, we'll unlock the secrets of successful procurement and sourcing. By the end of this course, you'll be equipped with the tools and confidence needed to excel in your procurement endeavors. Thank you for choosing this course, and I look forward to helping you succeed.

Who this course is for:

Students and career changers: Explore procurement as a potential career path with a thorough understanding of its principles and practices.
Non-procurement professionals: Understand procurement processes to add value to your daily work and collaborate more effectively with procurement teams.
New procurement professionals: Gain a comprehensive guide to procurement and sourcing processes for a quick start in your role.
Experienced procurement practitioners: Enhance your skills with advanced strategies in supplier management, risk mitigation, and strategic sourcing.
Business leaders and managers: Learn how procurement can drive competitive advantage and improve overall business performance.

Mastering Global Sourcing and Procurement -EASY and Pratical

What you'll learn

Explore related topics

Course content

Course Introduction1 lecture • 3min

Procurement Basics6 lectures • 49min

Strategic Sourcing4 lectures • 28min

Supplier Management7 lectures • 1hr 1min

Supply Market Analysis4 lectures • 27min

Procurement Negotiation5 lectures • 52min

Strategic Procurement and Sourcing Conclusions3 lectures • 33min

Requirements

Description

Who this course is for: