This workshop introduces participants to the principles and practices of strategic sourcing and supplier relationship management. Attendees will explore how to move from transactional purchasing to a value-driven procurement strategy that prioritizes cost savings, risk reduction, innovation, and long-term partnerships.

How is this Workshop Helpful?
It equips participants with the tools and insights needed to build resilient supply bases, negotiate better terms, and create strategic value from supplier engagements—critical in today’s global and often volatile sourcing environment.

What Will You Be Able to Do After Attending?

• Understand and apply the strategic sourcing process

• Evaluate and segment suppliers based on risk, value, and performance

• Develop supplier scorecards and performance evaluation frameworks

• Build collaborative and strategic supplier partnerships

• Enhance negotiation, contract management, and supplier innovation initiatives