This course will provide a detailed overview of a Strategic Sourcing Process (7 step Process): Profile the Category, Develop a Category Sourcing Strategy, Generate Supplier Profile, Choose Competitive Selection or Supplier Development, Select Supplier(s) and Negotiate, Implement, Continuous Improvement/Supplier Relationship Management
Strategic Sourcing
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Strategic Sourcing
This course is part of Global Procurement and Sourcing Specialization
Instructor: Don Klock
18,451 already enrolled
Included with 
Gain insight into a topic and learn the fundamentals.
4.7
(269 reviews)
Beginner level
No prior experience required
5 hours to complete
3 weeks at 1 hour a week
Flexible schedule
Learn at your own pace
What you'll learn
Learn and understand the various steps in a "proven" 7-step Strategic Sourcing Process
Be able to discuss why it is important for the procurement department, your stakeholders and why one should follow a strategic sourcing process
Details to know
Shareable certificate
Add to your LinkedIn profile
Taught in English
See how employees at top companies are mastering in-demand skills
Build your subject-matter expertise
This course is part of the Global Procurement and Sourcing Specialization
When you enroll in this course, you'll also be enrolled in this Specialization.
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There are 3 modules in this course
What's included
2 videos2 readings
What's included
1 video1 reading
What's included
1 video2 readings1 peer review
Instructor
Instructor ratings
4.6 (78 ratings)14 Courses69,799 learners
Recommended if you're interested in Leadership and Management
Rutgers the State University of New Jersey
Rutgers the State University of New Jersey
Rutgers the State University of New Jersey
Rutgers the State University of New Jersey
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4.7
269 reviews
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Showing 3 of 269
NK
5
Reviewed on Mar 2, 2021
The course was perfect to understand the 7-step strategic sourcing process and there is a project to apply with can be applicable to almost every sector.
LR
5
Reviewed on Apr 25, 2021
Excellent material to understand the Strategic Sourcing Process and to evaluate a category to generate an strategic plan
GW
5
Reviewed on Apr 16, 2024
Very informative and structured. The information is applicable in business today.
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