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Executive Education > Open Programs > Strategic Sourcing

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PROGRAM OVERVIEW

How can we grow profitably without the right suppliers? – This question raised by Tim Cook in 1998 is still faced by current leaders in today’s digital business world. It is challenging to face disruption and competition and select the right suppliers who can grow with the business.

Strategic Sourcing is increasingly important, and its divergence from the purchasing function, which is more operationally focused, has become noteworthy. It has subsumed into the top strategic leadership focus areas in recent times.

This program aims to bring the dimensions of variability, uncertainty, and risk exposure that businesses face today and help participants understand how strategic sourcing helps mitigate losses and create the foundation for sustainable growth.

Key Highlights

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Start Date

(To be announced)
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Duration

2 days - 12 hours
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Mode of Delivery

Live online
(Study virtually from anywhere in the world)
Weekend Program Weekend Program

Format

Weekend Program
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Receive a

Certificate of Completion
from SP Jain
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Program Fee

INR 20,000
(plus taxes)
Corporate And Early Bird Benefits Corporate And Early Bird Benefits

Avail exclusive

corporate & early bird benefits

Learning Outcomes

Participants will return to their organisations with a repertoire of experiential learning through case discussions that cover various aspects of strategic sourcing, including:

  • Category management
  • Risk management
  • Circular procurement
  • Supplier relationships management
  • Segmentation
  • Performance management


Participants will develop a toolkit for effective deployment of strategic sourcing to succeed in various dimensions, including:

  • Strategic cost leadership (year-on-year cost reduction)
  • New product development
  • Sustainable procurement

Curriculum

Our carefully crafted program content makes your learning practical, relevant and contemporary.


Our Strategic Sourcing online course covers the following topics:

  • Introduction to Procurement Function 4.0
  • Basics of Planning & Forecasting
  • Purchasing Process & Organisation
  • Procure To Pay Process: Introduction to Digital P2P
  • Category Management: Year-on-Year Strategic Cost Reduction
  • Supplier Segmentation
  • Risk Management in Procurement: Introduction to Smart Contracts
  • Advanced Negotiations

How You Will Learn

Participate in live interactive expert-led sessions with real-time brand examples and open Q&A rounds.

Meet the Faculty

PROF PROCYON MUKHERJEE

Founder – Prep-Gen
Author, Supply Chain Leader, Consultant, Visiting Faculty

Prof Procyon Mukherjee has held transformational roles in procurement, manufacturing, supply chain, operations planning, integration, strategic sourcing, logistics, cost and waste reduction, and sustainability. He is a visiting faculty at SIU, consulting lead in supply chains and circular procurement, and author of ‘The Search for Value in Supply Chains’.

He was a designated senior leader at LafargeHolcim. He held the position of Head Performance Management Group & Chief Procurement Officer - India (overseeing 35 plants) and was a member of the Executive Committee at ACC & Ambuja Cement. He was integral to the strategy formulation team at ACC & Ambuja Cement and was a Global Procurement Council member.

PROF PROCYON MUKHERJEE

Founder – Prep-Gen
Author, Supply Chain Leader, Consultant, Visiting Faculty

Prof Procyon Mukherjee has held transformational roles in procurement, manufacturing, supply chain, operations planning, integration, strategic sourcing, logistics, cost and waste reduction, and sustainability. He is a visiting faculty at SIU, consulting lead in supply chains and circular procurement, and author of ‘The Search for Value in Supply Chains’.

He was a designated senior leader at LafargeHolcim. He held the position of Head Performance Management Group & Chief Procurement Officer - India (overseeing 35 plants) and was a member of the Executive Committee at ACC & Ambuja Cement. He was integral to the strategy formulation team at ACC & Ambuja Cement and was a Global Procurement Council member.

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Program Audience

The Strategic Sourcing program is suited to supply chain executives at the mid and senior-management levels specialising in procurement, operations, distribution, production planning and control, logistics, quality control, engineering, and production.

The program will also benefit technical service leads, business analysts, and digital analysts in supply chains from the metals and mining, cement, automotive, and consumer products manufacturing industries.

Take the Next Step

Contact us today to discuss how our program can help you become a highly effective strategic sourcing specialist.

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About SP Jain