Strategic Sourcing
Last Updated 01/2017
English
Full Lifetime Access
Finish in
15 min! Run Time
15 min! Run Time
Made for for
Employees
only
Employees
only
No Certificate
Provided
Provided
Skills covered in this course
Description
Strategic sourcing helps organizations realize significant savings by evaluating procurement costs across spend categories. This course walks through a practical four-phase framework.
What this course covers:
- Assessment Snapshot: review your current sourcing position
- Spend Analysis: understand where money is being spent
- Category Sourcing: source across commodity and specialty spend
- Implementation: put the sourcing strategy into action
Apply the framework to both commodity and specialty categories.
System Requirements
See System Requirements in the Coggno Knowledge Base
Author
What Is Flevy?
Flevy develops management training guides of the same caliber as those produced by top-tier management consulting firms, like McKinsey, Bain, Accenture, BCG, and Deloitte. In fact, our authors include ex-consultants from all these firms. Most of our materials were developed by seasoned executives and consultants with 20+ years of experience.
Strategic Sourcing
Attachments:
Strategic Sourcing (400 KB)
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Frequently Asked Questions
This course is designed for employees who need to complete Strategic Sourcing training
Yes. This course is designed to meet applicable federal requirements and commonly mandated state standards. Always confirm specific state or industry requirements with your local regulations.
The course takes approximately 15 minutes to complete and can be paused and resumed at any time.
No. This course does not include a certificate of completion.
Yes. You can assign this course to individuals or groups using Coggno’s LMS, or purchase multiple seats for your team.
Yes. This course can be exported for delivery in most learning management systems (SCORM compatible).
Yes. The course is fully self-paced and available 24/7.
Yes. This course includes a knowledge check to reinforce learning and verify completion.
Learners have lifetime access from the date of purchase.
Yes. A preview is available so you can review the course format and content before purchasing.
Yes. Content is reviewed and updated as regulations and best practices change.
No. This course is not included with the Prime Subscription and must be purchased separately.
Yes. Refund requests can be submitted within 30 days of purchase.
This is a 15-slide PowerPoint.
Strategic Sourcing (also known as Sourcing Strategy or Procurement Strategy) allows an organization to realize significant savings by evaluating its procurement costs across a number of spend categories. This document details a 4-phase framework to Strategic Sourcing, outlining time frames, activities, and outputs.
The approach adopted includes the following phases:
1. Assessment Snapshot
2. Spend Analysis
3. Category Sourcing
4. Implementation
Each phase is explained in detail, including a breakdown of sub processes and activities. This framework can be applied to both Commodity and Specialty spend categories.