Course Format:

Self-paced

Duration:

1 Weeks

Commitment:

5 Hours/Week

Language:

English

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)

Program for you

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

Related Course(s)