Sourcing Strategies Course
This course provides essential strategies for effective sourcing in stainless steel components, focusing on cost modeling, supplier analysis, risk mitigation, and implementation roadmaps to enhance efficiency and resilience.

from 4 to 360h flexible workload
valid certificate in your country
What will I learn?
The Sourcing Strategies Course equips you with practical tools to model demand and spend, analyse cost drivers, and develop should-cost estimates for stainless steel components. You will learn to map supplier markets, evaluate risks, create scoring models, and conduct data-driven RFPs. Additionally, you will build a clear implementation roadmap featuring KPIs, contracts, and cost reduction mechanisms that boost resilience and overall cost efficiency.
Elevify advantages
Develop skills
- Cost modelling & should-cost: build quick, precise spend and unit cost models.
- Supplier market analysis: map, benchmark, and mitigate risks for global stainless suppliers.
- Data-driven supplier selection: design scoring models and select best-fit vendors.
- Contracting & KPIs: establish lean SLAs, incentives, and performance dashboards.
- Cost reduction levers: unlock savings in logistics, volume, and design-to-cost rapidly.
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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