Introduction to Strategic Sourcing and Category Management in Supply Chain Management
What will you learn in the course?
-
Overview of Supply Chain Management
-
Introduction to Strategic Sourcing and related processes
-
Concepts of Spend Analysis, RFx Management and Contract Management
-
Benefits of Strategic Sourcing, abbreviations and acronyms
-
NA
-
NA
Features Include
What is Strategic Sourcing and Category Management?
Strategic Sourcing refers to the process of identifying the spend profile of an organisation and its supplier base to ensure their business requirements are aligned with the suppliers
It allows businesses to develop channels of supply at the lowest possible cost
Category Management is a strategy wherein similar items or products are grouped into categories and then managed as a business unit
Make a life-changing career decision now!
As businesses today continue to utilise the power of globalisation to expand their performance, the role of effectively sourcing goods and services from suppliers has become very important. Supply Chain Management professionals look for ways to procure resources at reduced costs and improved quality. Understanding Strategic Sourcing will help you to achieve these goals by adopting a systematic process that improves the purchasing activities of a company. Here is what you can look forward to in terms of career and job prospects.
~ ₹3036 billion
Projected global supply chain market by 2027 (Source: Allied Market Research)
11.20%
Projected annual growth rate of Supply Chain Management market from 2020 to 2027 (Source: Allied Market Research)
~ ₹8.9 LPA
Average salary of Supply Chain Manager in India (Source: PayScale)
Is the programme for you?
Introduction to Strategic Sourcing and Category Management in Supply Chain Management Course is a smart way to achieve the growth you seek in your career, especially if you are:
- A graduate or postgraduate student, wanting to learn about Supply Chain Management
- A jobseeker or working professional, seeking to upskill in Supply Chain Management
Available Value Packs
Why TCS iON?
Largest
Online Learning Platform
36,40,000+
Students
500+
Courses, Tests and Certifications
Expert
Mentor Support
360°
Upskilling Destination
- This course is created in association with
-
