ETSSPL – Sourcing Strategy & Planning
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- Code: ETSSPL
- Duration: 1 Day
- Price per delegate: £595.00 +VAT
Trained over 60000 delegates
Course delivered by industry expert instructors
Highly competitive pricing
Our experiential learning uses a blend of lessons and case exercises to understand to create a sourcing strategy and plan to support key business objectives and target outcomes.
We recognise that people have different learning preferences, so we aim to offer a range and blend of approaches.
Participants learn how to create a plan and strategy for Procurement and Supply Chain using the first three stages of the Sourcing Strategy process: Explore, Assess, & Develop.
Using our experiential simulation scenarios and materials, our facilitator leads participants through 3 stages to build and apply their knowledge and skills, to develop a sourcing strategy and plan.
We consider business needs and strategic objectives and potential ideas and opportunities for Procurement to act as enablers to the business in realising these objectives.
We assess the capability to exploit ideas and opportunities leveraging procurement expertise and marketplace insight, potential risks that might hinder the capability to support the business, and how existing governance can support changes in the supply chain.
In understanding business needs and the opportunities to help, we can envisage the direction, goals, and actions we can take. We look at how we can articulate our vision and goals, working to create a high-level plan to mobilise our people, processes, tools, and governance.
Business and Procurement leaders responsible for identifying, setting, and executing sourcing strategy objectives to best support the business outcomes and value-add needed.
- Understanding Business Requirements, Sourcing Objectives, and Budget
- Exploring Current State Capability
- Identifying Target State and Outcomes
- Gap Analysis - People, Tools & Processes
- Identifying Suitable Sourcing Approaches
- Managing Procurement & Supply Chain Risk
- Developing a Strategy Aligned with Business Goals
- Success Measures & Evidencing Value
- Best Practice Governance & Oversight.