Strategic Sourcing Fundamentals
Online Training/Scenario Based E-Learning

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Why Strategic Sourcing Fundamentals Online Training/Scenario Based E-Learning?

Not All Online Training/E-Learning is Equal!

Most e-learning is basic and should only be used as a support for classroom. Using latest technological developments, we have built High-Impact e-learning that is radically different than any other e-learning out there. And in comparison to classroom, this second generation E-learning is ...

• More effective => you/your people will simply be trained better
• More engaging => motivated people learn more 
• Scenario-based => 86% of people will apply what they learn

That is a game changer in the market for e-learning. Upskill yourself/your team up to expert levels, at a fraction of the price, yet within 30 minutes & with higher learning effect than classroom.

• No Fluff, No-NonSense, No-Academic Learning.

Read This Before You Enrol...

Before you dive into the dynamics of the Contract Management Course Online, we want you to forget all the technical stuff for a moment and go back to the time you were in college:

Do you believe that listening to a professor would enable you to apply what you have learned?

Or watching basic power-point kind of videos, lecturing you?

Follow/Shadow the Expert

Imagine now if you could shadow an expert, look how he/she is applying ...

• In real-life scenarios with suppliers and stakeholders
• Best practices in a simple, structured way. 
• Using a hands-on easy-to-understand language.

What do you think, wouldn’t that help you more?

That is how our Contract Management Course Online has been designed.

Set Up a Free Trial Account for CIPP/CIAPP Certifications with 70 Plus E-Learning Samples

OR

Set Up a Live Demo by Clicking the Button Below & See First-Hand How You Can Shadow the Expert Built-in the Real-Life Scenario Based E-Learning!

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How Does the Course Work?

This program is completely online. Here are the steps:

• Register & Pay 
• We will Give Your Account Username & Password 
• Login Anytime (24/7) & Start the Online Learning Program
• Complete Scenario Based E-Learning, Micro-Learning & Simulations Within 2 Months
• Unlimited Reviews Within 2 Months

We Use 3 Cutting-Edge 21st Century Learning Tools & Methodologies:

Unlike other programs, we use the latest cutting-edge 21st century learning tools & methodologies at every stage of your learning process so that you:

First -  Learn Concepts with:

• Scenario Based E-Learning (20 to 30 minutes each course)

Second - Recap, Remember & Internalize that knowledge through:

• Micro-Courses (5 minutes),

Third - Apply what you learn in your day to day job and show improvements with:

• Real-Life Simulations (10 minutes) 

All fully aligned with each other.

Some might not grasp the big distinction that Simulations make. Here's an attempt to 'bridge' the gap. In the words of our client ...

Set Up a Free Trial Account for CIPP/CIAPP Certifications with 70 Plus E-Learning Samples

OR

Set Up a Live Demo by Clicking the Button Below & See First-Hand How You Can Shadow the Expert Built-in the Real-Life Scenario Based E-Learning!

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Strategic Sourcing Fundamentals Full Course Details:

Course 1 - Introduction to the Procurement Process - 15 Minutes

• Short introduction on the procurement process, with an emphasis on RFP process
• Specifications, running the RFP, negotiations and contracting.

Course 2 - How to develop Specifications - 30 Minutes

• What is the role of the buyer and of the internal customer at the specification stage?
• How to communicate with internal customer?
• How to assess internal customer needs? Market exploration. Why is it important to challenge specs?
• How to challenge specs with internal customers - 5W methodology.
• Functional and technical specifications.
• Knock-out versus nice to have criteria. What are winning criteria?

Course 3 - How to write an RFQ & RFI - 30 Minutes

• What is an RFI/RFQ?
• Why are they important and when should you use it?
• What are the different sections of an RFQ?
• Template RFQ and RFI.
• What is the ideal number of suppliers to invite for the RFQ or RFI?
• When to involve the internal customer and suppliers in the process?
• Communication with suppliers: how and when?

Course 4 - Basic Negotiation Tactics - 30 Minutes

• How to analyze supplier offers?
• How to determine negotiation target?
• Which suppliers to shortlist for negotiation?
• What goes wrong with most negotiations?
• Why do you need a minimum of 2 credible suppliers to negotiate with?
• How to prepare for the negotiation? How/where/when to negotiate?
• The top 10 questions buyers receive from suppliers possible buyer answers.
• How to select the winner?
• What is the role of the internal customer?
• How to give feedback to all suppliers after negotiation? 

Course 5 - Basic Contract Negotiation - 30 Minutes

• Written or oral contracts?
• Role of buyer in the process?
• Impact of important clauses (evergreen contracts, indexes, penalty and exit clauses).
• Template of a contract.

Course 6 - Ethics in the Procurement Process - 30 Minutes

• Why should a buyer apply the highest standards of integrity?
• What information can the buyer (not) give to 1 or to more suppliers?
• What about gifts? What about gifts during tender period?
• How does company policy relate to buyer ethics?

Microlearning 1 - Specification

• Reminds learners that the key to significantly lowering costs is the specification.
• Task is to help stakeholders find the best way to get the outcome they need at the optimal cost.

Simulation 1 - How to Improve Specifications - 10 Minutes

Simulation 2 - How to Use Request for Information/RFI - 10 Minutes

Set Up a Free Trial Account for CIPP/CIAPP Certifications with 70 Plus E-Learning Samples

OR

Set Up a Live Demo by Clicking the Button Below & See First-Hand How You Can Shadow the Expert Built-in the Real-Life Scenario Based E-Learning!

Who is This Program For?

The Strategic Sourcing Fundamentals Online Training/Scenario Based E-Learning is for those looking to build better sourcing skills and become effective Sourcing Executive. This is especially for ...

• Buyers, Sourcing & Procurement Executives, Contract & Tender Managers & other personnel focused on strategic sourcing or the front-end of procurement process.
• CPOs, Procurement Leaders & other Key Personnel, who lead & manage their teams in strategic sourcing initiatives.

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Set Up a Live Demo by Clicking the Button Below & See First-Hand How You Can Shadow the Expert Built-in the Real-Life Scenario Based E-Learning!

Set Up a Free Trial Account for CIPP/CIAPP Certifications with 70 Plus E-Learning Samples

Set Up a Free Trial Account for CIPP/CIAPP Certifications with 70 Plus E-Learning Samples