भारतीय व्यवस्थापन संस्था मुंबई
भारतीय प्रबंधन संस्थान मुंबई
Indian Institute of Management Mumbai
भारतीय व्यवस्थापन संस्था मुंबई
भारतीय प्रबंधन संस्थान मुंबई
Indian Institute of Management Mumbai
Sourcing and Procurement Strategy
Purchasing was a traditional function in many organizations. However, with the fact that in many OEMs as much as even 70-80% Cost of Goods Sold constitutes the outsourced components (including sub assemblies and assemblies) - purchasing is no longer a small function. Traditional purchasing made way to Procurement and now to Strategic Sourcing and Procurement. This program aims to focus on this important aspect of Sourcing and Procurement Strategy.
(Remark: 21st Feb to 23rd Feb 2024 - 3 days - 18 hours )
• Understand the evolution of purchasing to procurement to strategic sourcing
• Explain the major roles and functions in strategic procurement
• Discuss the different types of relationships with suppliers - from transactional to long term
• Analyse the role of strategic sourcing and procurement within the organization and across different organizations
• Apply the learnings of strategic sourcing and procurement for a typical organization.
• Role of strategic sourcing and procurement
• Steps in sourcing strategy formulation
• Strategies for sourcing different products - critical, bottleneck, leverage, and routine
• Spend analysis
• Supplier evaluation
• Strategic cost management
• Total cost of ownership
• Collaborative cost management
Middle level managers in working in procurement or allied functions
Course Details
| Venue | Online |
| Duration | 18 Hrs |
| Starts On | Feb 21, 2024 |
| Faculty | Prof. Ravindra Gokhale / Prof. Rakesh Raut |
Fees Details
| Duration | Professional Fee*(Per participant) | GST(18%) | Total Fees(Per Participant) | Programme Code |
|---|---|---|---|---|
| 18 Hrs | 10,500.00 | 1,890.00 | 12,390.00 | 1 24 4 67 |