Every sourcing decision your organization makes has both a financial and an ethical dimension � and the best professionals understand both. This course explores the strategic importance of responsible sourcing, covering everything from cost management and supplier relationships to sustainability, fair trade, and labour considerations. You’ll develop the knowledge to make sourcing decisions that strengthen your bottom line, reflect your organization’s values, and build supply chain partnerships you can stand behind.
Skills you will learn:
Business Sense
Learning Objectives
Improve cost, quality, and supply reliability by recognizing why sourcing matters for margins, consistency, and risk control.
Manage sourcing proactively by creating a sourcing plan that sets requirements, timelines, owners, and supplier expectations before production depends on it.
Use sourcing to drive business results by selecting suppliers, negotiating value, securing capacity, and protecting continuity through dual sourcing and contract terms.
Apply generally accepted good practices by defining specs and quality standards, qualifying suppliers, evaluating total cost of ownership, documenting agreements, monitoring performance with KPIs, and maintaining contingency plans for disruptions.
Who Should Take This Course?
Innovators
Team Members & Leaders
Small Business Owners
Course Outline & Major Topics
1. Why Sourcing is important
2. Why you need a plan to manage your Sourcing strategy
