London Training For Excellence Global Sourcing London Training For Excellence
Price: GBP 3,899
Instructor led live virtual classroom online. Classes may be individual or in group.

    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

    Updated on 05 August, 2024

    About 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.
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    • 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. 

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    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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