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Sourcing, Purchasing & Procurement : operational methodology
Rating: 4.2 out of 5(314 ratings)
1,208 students

Sourcing, Purchasing & Procurement : operational methodology

Practical methodology to manage Sourcing, Purchasing & Procurement with a real experience: concrete tools and advice
Created byAurelien Millot
Last updated 7/2024
English

What you'll learn

  • Global Sourcing: How to Source Properly Anywhere
  • How to Evaluate and Choose a Reliable Factory or Partner
  • How to Avoid Mistakes When Sourcing a Product
  • How to Save Time, Effort, and Money When Starting Your Sourcing Process
  • How to Use Operational Templates to Start Sourcing Effectively

Course content

10 sections15 lectures7h 35m total length
  • What is sourcing?16:59

    What does sourcing mean concretely? What is its reason of being? Why sourcing is important in the production world? What are the extends of sourcing? 

Requirements

  • No specific knowledge, just the desire to learn

Description

Hello everybody,

This course explains clearly the Procurement supply chain process: Sourcing, procurement and purchasing/buying. You will learn how to source, value, and analyze good products with ready templates used by a businessman.


This course will allow you to have the big picture of sourcing-buying-procurement proposing a rigorous methodology to find factories (by locating them) and by valuing them, thereby choosing a specific one for a special request based on a client analysis.


We will cover a maximum of examples with simulations, case studies, and real testimonies (fruit of operational 20 years of real experience). Therefore, you will have at the end a maximum of operational tools and templates to use for your professional life.


Concretely what will you learn?

1-How to source properly everywhere in the world

2-How to value a good factory/partner

3-How to avoid the mistakes when you source a product

4-How to save time, effort and money when you start sourcing

5-How to manage operational templates to start sourcing


NB: This course Sourcing Procurement Purchasing: practical methodology is a part (that you can just study independently), like one chapter of the big picture called "International Trade Import and Export" which includes 3 other courses of mine if you want to enlarge your horizon and your perspectives, but this one can be studied independently :


1-Prospection and negotiation

2-Sourcing and buying/purchasing

3-Production follow-up and quality assurance

4-Transportation and logistics


NB: In addition to that, as a kind of bonus and for free, I share with you my YouTube channel

Just type “Aurelien Millot Master Key(s)” you will find it. It is for opening your mind, discovering new perspectives of life in general for those who are on a certain quest for the meaning of life… Who knows! A word to the wise. :)

Best regards,

Aurelien Millot

Who this course is for:

  • The beginners who want to discover sourcing and buying/purchasing from scratch
  • Business school students who want to have skills and experience before starting their career
  • The buyers, purchasers, product managers who already work in big companies and want to deepen their knowledge with new perspectives and operational dimensions
  • People who launch their company with a great idea but need to source some items for their business