Objective: Learn how sourcing and procurement drive supply chain efficiency.
- Procurement in Supply Chains
- Strategic sourcing vs operational purchasing
- Supplier Selection & Evaluation
- Criteria: cost, quality, reliability, capacity
- Supplier Relationship Management (SRM)
- Collaboration and long-term partnerships
- Contracting Basics
- Procurement contracts and agreements
- Risk in Supplier Networks
- Dependency and disruption risks
Activity: Evaluate and select suppliers for a case scenario
