Key details
Mode of delivery: Classroom-based
Course code: PCM11B
Duration: 1 day
Fee: £915.00 + VAT
CPD Hours: 6
Course Overview
This session offers a comprehensive exploration of supplier sourcing strategies, equipping participants with the skills to identify and engage the best suppliers on a global scale. Attendees will delve into both competitive and non-competitive procurement approaches, learning to determine the most effective strategy for various scenarios. The course covers supplier segmentation techniques, enabling participants to assess and categorise suppliers based on risk, value, and strategic importance.
Agenda
Global Procurement and Supplier Relationship Management
- Supplier sourcing methods and best practices
- Competitive vs. non-competitive procurement approaches
- Supplier segmentation techniques and risk assessment
- Ensuring transparency and compliance in procurement
- Risk mitigation in supplier relationships
Course Review
- Summary and recap of key learning objectives
- Action Planning
Target Audience
This course is suitable for:
- Procurement Officers
- Category Managers
- Supply Chain Managers
- Contract Managers
- Sustainability and ESG Officers
- Procurement Analysts
- Senior Procurement Managers
- Finance and Compliance Professionals
Learning Outcomes
By the end of this course, you will be able to implement a successful strategy that enables you to:
- Understand key supplier sourcing methods and apply best practices in supplier identification and selection.
- Differentiate between competitive and non-competitive procurement approaches and determine when to use each strategy.
- utilise supplier segmentation techniques to classify suppliers based on risk, value, and strategic importance.
- Ensure procurement transparency by implementing governance frameworks and ethical sourcing practices.
- Identify and mitigate risks associated with supplier relationships, ensuring compliance with procurement policies.
- Understand the role of digital transformation in procurement and the benefits of automation.
Course dates
Mar 17, 2026
Jul 21, 2026
Nov 3, 2026
