Open Courses

Advanced International Sourcing and Purchasing

SP13

Introduction

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 studies the strategic issues related to international sourcing, the pitfalls and best practices, and builds on the topics covered in the International Sourcing and Purchasing Module.

Who should attend

This programme is designed for managers and purchasing professionals involved in the procurement, specification or use of goods or services that need to be sourced internationally including buyers and project managers. The course is designed to ensure that delegates are aware of the challenges and opportunities involved in international sourcing.

COURSE PROFILE

Category Management

  • Communication strategies
  • Outsourcing
  • Partnering, Alliances and arms-length relationships

Inventory and Stock

  • Just in time vs. stock holding
  • Consignment stocking

Advanced Tendering

  • E-auctions
  • Competitive dialogue
  • Procedures and consistency

Supplier Development

  • Development of local suppliers
  • Development of new suppliers
  • Developing shift teams

Risk Management

  • Contingency Planning
  • SWOT and PEST Analyses

Legal Issues

  • International Corruption index and laws
  • Cultural issues
  • Environmental Purchasing
  • Incoterms 2010
SKILLS

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

  • Understand and manage the key issues associated with International Sourcing
  • Develop and extend supplier relationships
  • Manage international suppliers
  • Understand and mitigate the risks of dealing with international suppliers
  • Use best practice in international sourcing

 

COMPETENCIES
  • Bid and Tendering
  • Risk Management
  • Supplier Assessment Tools
  • Supply Chain Management (SCM)
BOOKING

VAT: Courses held in London are subject to VAT at the current rate