Sourcing Strategies Course
This course equips procurement professionals with essential sourcing strategies for stainless steel components, focusing on cost modeling, supplier analysis, risk assessment, and data-driven decision-making to optimize supply chains and achieve cost savings.

from 4 to 360h flexible workload
valid certificate in your country
What will I learn?
The Sourcing Strategies Course provides practical tools to model demand and spend, analyze cost drivers, and build should-cost estimates for stainless steel components. Learn how to map supplier markets, assess risk, design scoring models, and run data-driven RFPs. You also create a clear implementation roadmap with KPIs, contracts, and cost reduction levers that improve resilience and total cost.
Elevify advantages
Develop skills
- Cost modeling & should-cost: build fast, accurate spend and unit cost models.
- Supplier market analysis: map, benchmark, and de-risk global stainless suppliers.
- Data-driven supplier selection: design scoring models and choose best-fit vendors.
- Contracting & KPIs: set lean SLAs, incentives, and performance dashboards.
- Cost reduction levers: unlock logistics, volume, and design-to-cost savings quickly.
Suggested summary
Before starting, you can change the chapters and the 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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