Sourcing, Procurement & Purchasing: Practical Methodology

Strategic procurement & supply chain management: best operational techniques to source and purchase efficiently

What you'll learn
How to source properly everywhere in the world
How to value a good factory/partner
How to avoid the mistakes when you source a product
How to save time, effort and money when you start sourcing
How to manage operational templates to start sourcing
Requirements
No specific knowledge, just the desire to learn
Description
Hello everybody,This course explains clearly the Procurement supply chain process: Sourcing, procurement and purchasing/buying. You will learn how to source, value, and analyze good products with ready templates used by a businessman.This course will allow you to have the big picture of sourcing-buying-procurement proposing a rigorous methodology to find factories (by locating them) and by valuing them, thereby choosing a specific one for a special request based on a client analysis.We will cover a maximum of examples with simulations, case studies, and real testimonies (fruit of operational 17 years of real experience). Therefore, you will have at the end a maximum of operational tools and templates to use for your professional life.Concretely what will you learn?1-How to source properly everywhere in the world2-How to value a good factory/partner3-How to avoid the mistakes when you source a product4-How to save time, effort and money when you start sourcing5-How to manage operational templates to start sourcingNB: This course Sourcing Procurement Purchasing: practical methodology is a part (that you can just study independently), like one chapter of the big picture called "International Trade Import and Export" which includes 3 other courses of mine if you want to enlarge your horizon and your perspectives, but this one can be studied independently :1-Prospection and negotiation2-Sourcing and buying/purchasing3-Production follow-up and quality assurance4-Transportation and logisticsNB: In addition to that, as a kind of bonus and for free, I share with you my YouTube channelJust type “Aurelien Millot Master Key(s)” you will find it. It is for opening your mind, discovering new perspectives of life in general for those who are on a certain quest for the meaning of life… Who knows! A word to the wise. :)Best regards,Aurelien Millot

Overview

Section 1: Introduction

Lecture 1 What is sourcing?

Section 2: Part1: What is sourcing and purchasing?

Lecture 2 What is sourcing and purchasing?

Section 3: Part2: How to source? The tools and techniques

Lecture 3 Part2: How to source? The tools and techniques

Lecture 4 Case study: China market

Lecture 5 Terms of payment

Section 4: Part3: How to select and value a good sourcing?

Lecture 6 Part3-A-Gather info with key questions

Lecture 7 Part3-B-Analyze 6 main key criteria for RFQ

Lecture 8 Part3-C-Supplier policy

Section 5: Part4-How to choose “the” supplier-RFQ tool

Lecture 9 Part4-How to choose “the” supplier-RFQ tool

Section 6: Part5-Templates + case studies: RFQ + simulation

Lecture 10 Part5-Templates + case studies: RFQ + simulation

Section 7: Case study

Lecture 11 Exhibition scenario

Lecture 12 Part5-B-Sourcing-Simulation-Debrief and explanations

Section 8: Conclusion

Lecture 13 Conclusion

Section 9: EXPLORE FURTHER

Lecture 14 DISCOUNT: Get my other business courses

Lecture 15 Global vision

Section 10: Assessment

The beginners who want to discover sourcing and buying/purchasing from scratch,Business school students who want to have skills and experience before starting their career,The buyers, purchasers, product managers who already work in big companies and want to deepen their knowledge with new perspectives and operational dimensions,People who launch their company with a great idea but need to source some items for their business