Strategic sourcing refers to structured procurement methods that optimize supplier selection, cost management, and value creation. It enables institutions to link sourcing decisions with long term operational goals through standardized models and performance evaluation systems. This training program presents frameworks for sourcing analysis, planning structures, supplier segmentation, and governance based contract oversight. It focuses on decision making tools that support efficiency, accountability, and strategic alignment.
Identify the elements and structures of institutional strategic sourcing.
Analyze sourcing opportunities based on market logic and total cost frameworks.
Structure sourcing plans aligned with organizational goals and supplier capabilities.
Explore negotiation models and contract governance systems.
Evaluate supplier performance using structured metrics and institutional benchmarks.
Procurement and sourcing officers.
Contract and vendor management professionals.
Strategic planning and supply chain personnel.
Category managers and commercial analysts.
Institutional efficiency and operations teams.
Institutional definitions and objectives of strategic sourcing.
Key elements of sourcing models and evaluation cycles.
Overview of sourcing frameworks, including need analysis, planning, execution, and review.
Link between strategic sourcing and institutional value realization.
Governance elements embedded in sourcing functions.
Methods for identifying institutional sourcing opportunities.
How to use spend analysis and data structuring tools.
Supplier segmentation models and classification criteria.
Evaluation of sourcing alternatives using total cost structures.
Market analysis procedures for institutional sourcing environments.
Sourcing plans within institutional frameworks.
Aligning category strategies with long term operational goals.
Models for supplier relationship structuring and oversight.
Integration process of sourcing strategies with risk control elements.
Defining performance indicators to assess sourcing effectiveness.
Strategic models for institutional negotiation planning.
Structures of negotiation roles, authority, and documentation.
Contract governance elements in procurement systems.
Importance of linking contract terms to sourcing risk and supplier performance.
Institutional processes for contract lifecycle management.
Performance evaluation systems for strategic suppliers.
Supplier scoring models and institutional benchmarks.
Oversight methods for managing supplier risk and compliance.
Frameworks for communication and performance issue resolution.
Institutional tools for long term supplier collaboration and alignment.
