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Introductory Sourcing and Procurement

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STUDY GUIDE<br />

INTRODUCTORY SOURCING<br />

AND PROCUREMENT<br />

SHORT COURSE<br />

DELIVERED BY:<br />

Web: www.logisticslearningalliance.com<br />

Email: enquiry@logisticslearningalliance.com<br />

Phone: 0800 1588231


INTRODUCTORY SOURCING AND PROCUREMENT<br />

Students will complete the course with an<br />

underst<strong>and</strong>ing of what a sourcing <strong>and</strong><br />

procurement is, why its management is<br />

important <strong>and</strong> how it fits into the supply<br />

chain. They will also gain an<br />

underst<strong>and</strong>ing of how sourcing <strong>and</strong><br />

procurement operations work <strong>and</strong><br />

measures that can be taken to improve<br />

them.<br />

This course can also be used as credits<br />

to a recognised qualification from UK<br />

Awarding Organisations.<br />

Who is the course for?<br />

The <strong>Introductory</strong> <strong>Sourcing</strong> <strong>and</strong><br />

<strong>Procurement</strong> Short Course is designed for<br />

A refresher for experienced<br />

sourcing <strong>and</strong> procurement<br />

personnel<br />

An introduction to sourcing for new<br />

team leaders <strong>and</strong> supervisors<br />

An introduction to personnel who<br />

support sourcing activity (for<br />

example HR or IT staff)<br />

Part of the induction of new<br />

personnel<br />

Identifying needs<br />

Specifications<br />

Identifying sources<br />

Evaluating offers<br />

Managing vendors <strong>and</strong> negotiation<br />

Performance metrics<br />

Supplier performance<br />

Delivery reliability metrics<br />

<strong>Sourcing</strong> <strong>and</strong> order placement<br />

costs<br />

Cost to serve<br />

<strong>Sourcing</strong> structure<br />

Managing spend <strong>and</strong> risk<br />

Managing usage <strong>and</strong> risk<br />

Total performance management<br />

Relationship management<br />

E-procurement<br />

Supplier reduction<br />

Developing Supplier relationships<br />

How long does it take?<br />

The guided learning hours for this<br />

qualification are 80<br />

Assessment<br />

By the Centre Assessment Route – no<br />

examination!<br />

COURSE CONTENT<br />

Underst<strong>and</strong>ing sourcing <strong>and</strong><br />

procurement<br />

Why is the management of<br />

sourcing <strong>and</strong> procurement<br />

important?<br />

Efficiency <strong>and</strong> effectiveness<br />

How Will I Study<br />

All learning materials will be<br />

supplied through Logistics<br />

Learning Alliance’s online Campus<br />

to get you started. Responses to<br />

set tasks, based against the<br />

SCILworld interactive case study,<br />

will be emailed to LLA for review<br />

by your assigned Mentor, who will<br />

provide support <strong>and</strong> guidance<br />

throughout. The registration period,<br />

during which a learner should<br />

complete this course is one year.

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