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Course details
Overview
This five-day training course is designed to provide participants with an understanding of the principles and best practices of global sourcing. Participants will learn how to develop effective global sourcing strategies identify and evaluate international suppliers negotiate contracts and manage global supply chains. The course will also cover topics such as cultural differences language barriers and import/export regulations.
Objective
Upon completion of this courseparticipants will be able to:
Develop effective global sourcing strategies that align with organisational goals and objectives.
Identify and evaluate international suppliers based on appropriate criteria and methods.
Understand cultural differences and language barriers in global sourcing.
Negotiate contracts that meet organisational needs and objectives in a global context.
Manage global supply chains effectively.
Understand import/export regulations and international trade agreements.
Foster a culture of ethics and integrity in global sourcing.
Who Should Attend
The Global Sourcing training course is designed for professionals involved in global sourcing and supply chain management, including procurement managers, officers, specialists, and buyers. It is also relevant for professionals in related fields, such as logistics and operations. Additionally, senior management and executives who work closely with global sourcing professionals may benefit from attending this training course.
Course Outlines
Day 1:
Introduction to Global Sourcing
Role of global sourcing in organizational success
Developing a global sourcing strategy
Global sourcing process and best practices
Identifying global sourcing opportunities
Day 2
Supplier Identification and Evaluation in Global Sourcing
Identifying potential international suppliers
Supplier evaluation criteria and methods in a global context
Developing global supplier relationships
Supplier segmentation and categorisation
Day 3
Contract Negotiation in Global Sourcing
Negotiation principles and strategies in a global context
Developing a negotiation plan in global sourcing
Drafting and reviewing contracts in a global context
Legal considerations in global contract negotiation
Day 4:
Global Supply Chain Management
Understanding global supply chains
Managing global supply chains effectively
Dealing with cultural differences and language barriers in global supply chain management
Logistics and transportation in global supply chain management
Day 5
Ethics and Regulations in Global Sourcing
Ethical considerations in global sourcing
Understanding import/export regulations and international trade agreements
Compliance with global regulations and ethical standards in global sourcing
Driving continuous improvement in global sourcing practices
Job roles this course is suitable for:
supply chain manager , procurement managers , officers , specialists buyersAbout London Training For Excellence
Empowering Professionals for Over a Decade
London Training for Excellence is a leading provider of professional development programmes, established in 2013. For over eleven years, we have been committed to equipping individuals and organisations with the skills and knowledge they need to excel in today's ever-evolving business landscape.
A Breadth of Expertise
We offer a comprehensive range of training solutions across a diverse set of industries, including:
- Artificial Intelligence (AI): Stay ahead of the curve with cutting-edge training on AI applications, machine learning and data analysis.
- Contact Management: Learn best practices for building and nurturing relationships, managing communication workflows and leveraging technology to optimise your outreach efforts.
- Engineering: Enhance your technical expertise and stay current with the latest advancements in various engineering fields.
- Finance and Legal: Gain a deep understanding of financial concepts, legal frameworks and compliance requirements.
- Human Resources: Navigate the complexities of HR practices, from recruitment and onboarding to employee relations and performance management.
- Leadership and Management: Develop your leadership skills, communication techniques and team-building strategies.
- Logistics: Optimise your supply chain operations and ensure efficient delivery of goods and services.
- Marketing and Sales: Develop effective marketing strategies, hone your sales skills and drive business growth.
- Oil and Gas: Gain specialised knowledge and skills relevant to the oil and gas industry.
- Project Management: Master the art of project planning, execution and delivery to ensure successful project outcomes.
Our Approach
At London Training for Excellence, we believe in delivering high-quality, interactive training programmes that cater to diverse learning styles. Our experienced instructors are industry experts who combine theoretical knowledge with practical application.
Flexible Learning Solutions
We understand that busy professionals require flexible learning options. We offer a variety of delivery methods to suit your needs, including:
- In-person training: provides more significant face-to-face interaction. In a classroom setting, attendees can connect in real-time. In-person training also offers more opportunities for group activities and interactive projects.
- Online Courses: Our comprehensive online courses allow you to learn comfortably in your working environment.
- In-Company Training: Tailor training programmes specifically for your organisation's needs and deliver them on-site for maximum impact and employee convenience.
Investing in Your Success
By investing in training and development with London Training for Excellence, you will gain the knowledge and skills necessary to achieve your professional goals and contribute to the success of your organisation.
Contact Us Today
Let London Training for Excellence help you unlock your full potential and drive positive organisational change. Contact us today to discuss your training needs and explore how we can empower your workforce for the future.
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