Course introduction

Discover the essential steps for effective implementation planning of an e-sourcing tool. Learn how to define your goals, develop a detailed plan, assemble your team, conduct a successful pilot test, and ensure a smooth rollout across your organization. Gain insights into best practices, including stakeholder engagement, change management, data accuracy, and planning for ongoing improvement. Equip your organization with the knowledge to leverage e-sourcing tools for maximum return on investment
Buy course

Who should attend

This course on implementing an e-sourcing tool is designed for a broad audience. It's particularly relevant to the following groups:

  • Procurement Professionals: Those involved in procurement activities, including procurement managers, sourcing specialists, and buyers, will gain in-depth knowledge on how to select, implement, and effectively use an e-sourcing tool to improve their procurement processes.
  • Project Managers: Those who oversee projects related to system implementation, digital transformation, or change management can benefit from understanding the lifecycle of an e-sourcing tool implementation and the strategies for successful planning and execution.
  • IT Professionals: Those in roles involving IT system selection, implementation, and management can gain insights into the technical aspects of e-sourcing tools, such as system requirements, integration with existing systems, and data migration.
  • Executive Leadership: Executives, such as CPOs (Chief Procurement Officers) or CIOs (Chief Information Officers), will gain strategic insights into the role of e-sourcing tools in improving procurement efficiency, reducing costs, and enhancing supplier relationships.
  • Supply Chain and Logistics Managers: These professionals can gain a broader understanding of how e-sourcing tools can streamline and enhance sourcing activities, contributing to more efficient and effective supply chains.
  • Finance Professionals: Individuals involved in budget planning and financial analysis may also find this course beneficial to understand how e-sourcing tools can contribute to cost savings and financial efficiency.


In conclusion, this course is suitable for anyone involved in or responsible for procurement activities, digital transformation initiatives, or change management in their organization. The content is designed to be accessible and useful for both beginners and more experienced professionals.

Curriculum

    1. Learning Targets

      FREE PREVIEW

    1. LHTS standard sourcing process

    1. Download content presented in the course

    2. Understanding E-Sourcing

    3. Benefits of E-Sourcing

    4. Difference between Traditional Sourcing and E-Sourcing

    5. Types of E-Sourcing Tools

    6. Key Features to Look for in an E-Sourcing Tool

    7. LHTS processes which typically can be digitized with e-Sourcing tools.

    8. Listing E-Sourcing Tools.

    9. Key learning from Chapter 1

    1. Analyzing Business Needs and Processes

    2. Checklist mapping current position.

    3. Scope: all in or selected functionality

    4. Key Learnings from Chapter 2

    1. From Selection criteria to Pilots and Trials

    2. Example of functional and technical specifications

    3. Price models

    4. Roles (users) in an e-Sourcing tool

    5. Key learnings from Chapter 3

    1. Implementation planning

    2. Technical Implementation

    3. Supplier Onboarding

    4. User Training and Support

    5. E-Sourcing Process Management KVAR

    6. Performance Monitoring and Continuous Improvement

    7. Security and Compliance

    8. Key learnings from Chapter 4

About this course

  • €95,00
  • 33 lessons
  • Expert level - Tactical buyer
  • 40-80 min
  • Quiz and Certificate

Instructor

Senior instructor. Fredrik Axelsson

Meet Fredrik, a seasoned procurement professional from Gothenburg, Sweden, with a Master's in Economics from Gothenburg University and an Executive MBA from Stockholm Business School. With roles at LM Ericsson, Solectron Sweden AB, Axelson Purchasing Resources AB, Saab AB, and Alstom/GE, Fredrik has amassed expertise in sourcing and procurement. In 2017, he launched Sourcing Partner, a procurement consultancy firm how also own and manage Learn How to Source. Fredrik's diverse experience spans from Operative Buyer to Sourcing Director and roles like Commodity Manager and Business Development, in line organizations and projects, including industries like banking and manufacturing. Fredrik's story is one of continuous growth, learning, and adaptation, making him a well-rounded professional with a wealth of knowledge to offer.

Real Life Buyer Negotiation tips

Next recommended course

Get some free negotiation tips from Dave Barr, the Real Life Buyer.
To the course...

About Learn How to Source

Learn How to Source is an online platform based in Sweden, offering a range of procurement courses accessible globally. It serves as a community where procurement experts share their knowledge through online courses, designed for various experience levels from introductory to expert. Courses are concise, about 30 minutes each, and cover different aspects of procurement, tailored for different buyer roles. The courses focus on practical knowledge, presented by seasoned professionals, and include quizzes and certificates. They can be accessed from any device, emphasizing microlearning for flexibility and efficiency.