
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?
What are the main key tools and technics to source : to find a new factory?
It explains the production life cycle within one year indicating the notion of low season and peak season and how to negotiate accordingly.
This simulation of a sourcing on a fair/exhibition is exactly the best example of the reality: how to handle and to behave on a trade show to know exactly if a sourcing is relevant. The document in appendix explains exactly the behavior of the trader (the buyer) and the factory.
Summarize of what we saw and the intakes
Get my other courses which are the part of the big picture of trading with a discounted price:
1-Prospection and negotiation (LINK available in the attachment)
2-Production (LINK available in the attachment)
3-Transportation and logistics (LINK available in the attachment)
4-Methodology for launching your own business (LINK available in the attachment)
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