Course presentation

Course Level: 

Basic level course. A continuation of the Three-Part Series about the Sourcing Process. Approx: 20 minutes.


Course Description:

In the dynamic world of procurement, managing sourcing for low-value stakeholder demands presents unique challenges. This course is specifically designed to address these challenges by focusing on competitive bidding while simplifying and standardizing the sourcing process. Aimed at procurement professionals, this course offers practical strategies to effectively scale down the sourcing process for low-value items, ensuring efficiency without compromising on quality or competitiveness.


Learning Objectives:

  • Understand the Dynamics of Low-Value Sourcing: Gain insights into the unique aspects of sourcing for low-value stakeholder demands and why it requires a different approach.

  • Simplify the Sourcing Process: Learn techniques to simplify the sourcing process, making it more agile and less resource-intensive.

  • Standardization Strategies: Discover how standardization can lead to more efficient sourcing for low-value items.

  • Assure Competitive Bidding: Understand how to maintain competitiveness in bidding even when dealing with low-value procurements.


Who Should Enroll:

  • Procurement professionals facing challenges in managing low-value sourcing.
  • Supply chain managers looking to optimize their procurement processes.
  • Anyone in the procurement field seeking to enhance their skills in efficient sourcing.


Why This Course:

This course will empower you with the knowledge and skills to manage low-value sourcing effectively, ensuring that your procurement processes are both competitive and streamlined. You'll leave with practical tools and strategies that can be immediately applied to your organization's procurement activities.

Simplified Sourcing Process

Curriculum

    1. Learning objectives

      FREE PREVIEW

    2. Introducing the Purchase Order - repetition.

    1. Download the Slides shown in the course

    2. Introducing a standard sourcing process

    1. What can we remove and prepare in advance in order to adapt the process to low value sourcing?

    1. Considerations when adapting the simplified sourcing process.

    1. Simplified Sourcing process- basic course - Quiz

    1. Summery of the course

    2. Subjects to the Mircolearning session

    3. Reflection after the course

About this course

  • €20,00
  • 10 lessons
  • Basic level - Tactical buyer role
  • 20 min
  • Quizz and Certificate

Instructor is Fredrik Axelsson

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.

Payment terms

The Next recommended Step

Knowing the importance of payment terms (PT), the value that can be created and implications on the cash flow are important. Learn how to calculate the cost of capital, benefits that can be created and supplier cost for financing the PT. The concept Supply Chain Finance is integrated in the course.
To the course: Payment terms

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.