Sourcing and purchasing processes are essential to the success of modern organisations. This increasingly means sourcing both locally and internationally, each of which has associated costs and benefits. This course provides delegates with tools and techniques to address the key issues related to international sourcing, the pitfalls and best practices. It will make them aware of the challenges and opportunities involved in international sourcing.

WHO SHOULD ATTEND

This thought-provoking course is designed for personnel involved in the procurement, specification or use of goods or services that need to be sourced internationally including buyers and project managers.

COURSE PROFILE

• ·         Understanding the key issues in International Sourcing and Purchasing
• ·         Segmenting the organisation’s requirements

-          Kraljic model

-          Goods and Services

• ·         Sourcing

-          Finding suppliers

-          Supplier approvals

-          Standards and samples

-          Role of agents and distributors

• ·         Logistics

-          Stock control, warehousing and transport

-          Dealing with shift-related people issues

• ·         Purchasing

-          Supplier Management

-          Tendering

-          Negotiation

-          Key Performance Measures

• ·         Contractual issues

-          Contract law Ethics

-          E-procurement

-          Corporate Social Responsibility and Environmental issues

• ·         Action Planning

SKILLS ATTAINED

At the end of the course delegates will be able to:

• Understand and manage the key issues associated with International Sourcing
• Find and develop new sources
• Develop and agree appropriate contractual relationships
• Reduce overall costs