Tactica and Hong Kong General Chamber of Commerce are jointly organizing a training course "Strategic Sourcing in Action" on 1 Dec 2010.

Overview:

In this new economy, procurement is giving way to Strategic Sourcing to create profitability and support business goals. While obtaining the best price is critical, “best-value sourcing” leads to long-term and strategic benefits. Tactica presents a ½ day training course on Strategic Sourcing. In this course, we will share with you a proven step-by-step approach to implement Strategic Sourcing and case studies of how some leading organizations such as Kodak and GE and implement Strategic Sourcing successfully.

As a result of the training, you will be able to:

• Tell the difference between purchasing and Strategic Sourcing
• Take a step-by step approach to implement Strategic Sourcing in your organization
• Develop new core competencies to drive “Total Best Value” for your organizations
• Effectively leverage some Strategic Sourcing tools to reduce procurement costs and increase efficiency
• Learn how successful organizations such as GE and Kodak implement Strategic Sourcing process

Who should attend?

• Sourcing and procurement directors and managers
• Leaders of supply chain cost reduction initiatives
• CEO/CFO and senior management who want to adopt Strategic Sourcing practices
• Individuals that are looking to expand sourcing knowledge

Prerequisites: None

Course Length: 1/2 Day

Topics Covered:

• Strategic Sourcing Overview
• The 6 steps in Strategic Sourcing
• Best Value Analysis - What to Consider in Sourcing Analysis?
• Supplier Selection – How to Predict Supplier Performance?
• Competitive and Non-competitve Bidding Tactics
• Sourcing Projects Implementation – roles and process
• Supplier Engagement
• How to overcome internal and external objections?

To register the class, please click here.