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Professional Diploma programme in Public Procurement - Powered by Charter for Public Procurement Studies

Strategic Sourcing – Gaining a Competitive Advantage – Webinar


In pursuit of excellence in Procurement & SCM

Strategic sourcing is an institutional procurement process that continuously improves and re-evaluates the purchasing activities of a company. Across the world, there is a significant pressure on Procurement Professionals to deliver cost savings irrespective of external market conditions.Strategic Sourcing presents a methodical process-based approach to maximize internal Procurement efficiency as well as deliver incremental cost savings.

At ISM India, we understand that our member organizations are at various stages in their Strategic Sourcing endeavours. Irrespective of the size and maturity of the Procurement function in your organization, this represents an opportunity to reflect and re-calibrate or to understand and implement the Strategic Sourcing process.

This will be the first in a series of monthly Webinars on Strategic Sourcing.The first webinar will introduce the concept and benefits of Strategic Sourcing. We will then proceed to delve deeper into each of the individual areas (Spend Analysis, Supply Market Analysis, Sourcing Event and Negotiation, Contracting & Supplier On-boarding and Supplier Performance Management) in future webinars.

Date & Time
Saturday Feb 21st, 2015
11:00 AM – 12:00 PM IST

What you will learn?
  1. Introduction to Strategic Sourcing
  2. Opportunity and Benefits
  3. Current Pain points
  4. Setting up Internal structures to support Strategic Sourcing: Procurement Operating Model
  5. A brief look into various stages of the Strategic Sourcing process.
  6. …and more.

  • This webinar will be of 60 minutes including 15 minutes for Q&A.
  • In addition you can earn Continuing Education Hour (CEH) for CPSM certification.





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