Strategic Sourcing Course
This course equips learners with practical tools for strategic sourcing, including RFx management, supplier evaluation, risk assessment, negotiation techniques, and performance monitoring to optimize procurement and achieve cost savings.

from 4 to 360h flexible workload
valid certificate in your country
What will I learn?
The Strategic Sourcing Course provides a straightforward, hands-on toolkit to set up RFx events, sort out suppliers, and create an effective sourcing mix by area. You will learn to evaluate market risks, calculate total cost of ownership, and prepare negotiations that balance price, volume, and service. Additionally, you will gain expertise in KPIs, supplier scorecards, and detailed implementation plans to achieve savings, build resilience, and ensure ongoing performance enhancement.
Elevify advantages
Develop skills
- Strategic sourcing design: quickly build sourcing mix, RFx events, and bid strategies.
- Supplier segmentation mastery: classify, score, and prioritise vendors for maximum impact.
- Negotiation and TCO skills: model total cost and secure mutually beneficial supplier agreements.
- Supply risk mitigation: implement diversification, contracts, and inventory protections.
- Performance tracking: establish KPIs, dashboards, and ongoing supplier improvement processes.
Suggested summary
Before starting, you can change the chapters and workload. Choose which chapter to start with. Add or remove chapters. Increase or decrease the course workload.What our students say
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