Strategic Sourcing

In this course, students will develop a systematic method to identify spend areas and processes that will result in cost-savings benefits. Concepts explored include identifying the targeted spend area; creating a sourcing team; developing a team strategy and communication plan; gathering marketing information; developing a supplier portfolio; and negotiating and evaluating the supplier relationship.

Note: Check with the institution regarding start/end dates, prices, and delivery method. These may vary according to program, section, and/or semester.