Procurement & Sourcing

Seven Steps Strategic Sourcing

Understand the sourcing process from analysis to supplier selection, negotiation and implementation.

2 daysFoundation to intermediatePractical Templates
Seven Steps Strategic Sourcing

Course Overview

This programme gives procurement professionals a clear, structured approach to strategic sourcing. It connects analysis, supplier market understanding, tender design, negotiation and implementation into one practical workflow.

Participants leave with a sourcing roadmap they can apply to current or upcoming procurement projects.

Key Takeaways

  • Apply a seven-step sourcing method to real categories
  • Define requirements and evaluation criteria clearly
  • Compare sourcing options using value and risk
  • Prepare better supplier engagement and negotiation plans

Curriculum Breakdown

Define business need and scope is covered through practical discussion, examples, and workplace application exercises.

Analyse spend and demand is covered through practical discussion, examples, and workplace application exercises.

Research supply markets is covered through practical discussion, examples, and workplace application exercises.

Build the sourcing strategy is covered through practical discussion, examples, and workplace application exercises.

Run RFx and evaluate suppliers is covered through practical discussion, examples, and workplace application exercises.

Negotiate and award is covered through practical discussion, examples, and workplace application exercises.

Implement, track and improve is covered through practical discussion, examples, and workplace application exercises.

Who Should Attend

  • Procurement executives and sourcing teams
  • New buyers moving into strategic sourcing
  • Managers responsible for supplier selection
  • Cross-functional teams involved in tenders

Course Details

  • Duration2 days
  • FormatIn-Person & Virtual
  • LevelFoundation to intermediate
  • Next CohortCheck Schedule
  • LanguageEnglish
K
KAVAQ Consultant TeamLead Facilitators

Delivered by experienced KAVAQ facilitators with practical procurement, negotiation, and business capability expertise across corporate teams.