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Strategic Global Sourcing

Certificates associated with this course:

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Strategic Global Sourcing

Supply management’s contribution to organizational goals

  • Supply management’s measurement criteria
  • Tactical vs. strategic sourcing
  • Strategic sourcing defined
  • Why organizations are pursuing it
  • Strategic sourcing process models

Category analysis

  • Importance of spend analysis
  • Data analysis and process mapping
  • Use of quadrant analysis to segment organizational spend
  • Identification of target categories

Outsourcing strategies

  • Reasons for global outsourcing
  • Locating suppliers
  • Supplier evaluation methods
  • Supplier relations and contract management
  • Examples of outsourcing problems
  • Best practice sourcing examples

Select recommended strategies and solutions

  • Organizational enablers
  • Category management considerations
  • Consolidation, substitution, supplier rationalization, etc.

Sourcing strategy formulation

  • Clarifying objectives
  • Identifying and evaluating options
  • Redesign tactics
  • Evaluating process, personnel and technology

Supplier identification and evaluation

  • Domestic vs. offshore requirements
  • Third party services
  • Supplier profiles and assessments
  • On-site assessments

Implementation planning

  • Understanding the industry and the market
  • Implications of global market and strategic sourcing
  • Identification of appropriate e-sourcing tools

Structured sourcing events

  • RF(x) processes
  • Application of appropriate e-sourcing tools
  • Supplier screening
  • Fact-based negotiations
  • Agreements and implementation

Contract management

  • Key legal considerations
  • Performance management
  • Compliance management
  • Ongoing spend analysis
  • Continuous improvement

Schedule

Day 1 — 8:00 a.m. – 4:30 p.m. Registration and Session
Day 2 — 8:15 a.m. – 4:30 p.m. Session
Day 3 — 8:15 a.m. – 3:15 p.m. Session

The University of Wisconsin–Madison, as a member of the University Continuing Education Association (UCEA), authorizes this course for 2.1 Continuing Education Units (CEUs) or 21 hours.