Sourcing and Procurement (PD10)

This option unit presents the fundamental sourcing and procurement management knowledge for managers involved in logistics activities. It covers the entire role and strategy of sourcing and the procurement processes that follow. The unit addresses the integration of these processes within the overall corporate strategy and covers the measurement and use of performance and financial controls that aid efficient and effective supplier management. The unit is relevant to those working in logistics and those involved in or interested in gaining a basic understanding of the sourcing and procurement processes.

• Element 1: The Roles of Sourcing and Procurement
• Element 2: Sourcing and Procurement Procedures and Processes
• Element 3: Managing Risk & Spend in Relation to Customer and Supplier Requirements
• Element 4: Performance Measurement and Control in Sourcing and Supply

At program Completion; Participants will be able to:

• Apply procurement & sourcing processes from business perspectives
• Create a complete supply business processes
• Integrate all activities of procurement to be harmonized smoothly
• List the factors effects on resources utilization of procurement
• Apply different strategies to achieve demand supply balance

• Seniors and Executives who are involved in supply chain management.
• All have relations and business impact with sourcing & procurement processes
• Teams of planning, procurement , operation and logistics management