Procurement, Sourcing & Supplier Management is a organized track of 13 lessons that build a complete, interview-ready understanding of the topic. Work through them in order, afterward use the quiz and flashcards in all instruction to revise.
What this way covers
- What Procurement Owns and How It Creates Value - Procurement measured on total disbursal and hazard fairly than on funds claims.
- The Sourcing Process from Requirement to Contract - Every stage, the documents produced and the decision made at all gate.
- Category Strategy and the Supply Positioning Matrix - Segmenting expend by value and risk, afterward choosing a scheme per quadrant.
- Should-Cost Analysis and Cost Breakdown Modelling - Building a bottom-up perspective of what a part ought to cost, and using it.
- Supplier Selection, Scorecards & Evaluation - Weighted evaluation that resists being reverse-engineered to a preferred vendor.
- Negotiation Levers Beyond Price - Terms, volumes, details and hazard transfer as negotiable value.
- Contracting, Incentives & Service Agreements - Structuring incentives and assistance conditions so behavior follows the contract.
- Supplier Relationship Management & Development - Segmenting suppliers, operating reviews and evolving crucial partners.
- Make versus Buy and Outsourcing Economics - The complete economics of outsourcing, including the expenses normally omitted.
- Supplier Risk, Compliance & Responsible Sourcing - Financial, operational and behavior hazard in the provision base, and auditing it.
- Digital Procurement, Electronic Sourcing & Spend Analytics - Getting expend visibility, and operating a spotless digital sourcing event.
- Using AI in Spend Analysis, Sourcing & Contract Review - Classifying spend, example sourcing documents and reviewing contracts alongside AI.
- Applied: Running a Category Sourcing Exercise - One category taken from expend inspection to awarded contract, alongside funds shown.
