Focus on Execution

Implementing a new supply chain

This is the last of three courses around the sourcing process. After building the baseline it is now time for execution. This course included defining specification, selection criteria and RFQ send out, negotiation, supply chain implementation and contract management. It is time to harvest the potential identified during the preparation phase.
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Course presentation

Course Level: 

Basic level course . Part 3 of a Three-Part Series. Approx: 20 -30 minutes.


Course Description:

Welcome to the final chapter of our comprehensive series on the sourcing process. The course is designed for those who are ready to move from the preparatory stages to the execution phase of the sourcing event. This course covers from defining specifications and selection criteria, to RFQ distribution, negotiation, supply chain implementation, and effective contract management. This course is your opportunity to apply the insights and strategies identified during the preparation phase and realize the full potential of your sourcing activities.


Learning Objectives:

  • Define Specifications and Selection Criteria: Learn how to accurately define product or service specifications and establish clear selection criteria.

  • RFQ Distribution and Management: Master the process of sending out RFQs and managing responses, bid evaluation and conclusion of the sourcing event into contract.


Who Should Enroll:

This course is designed for procurement professionals and buyers who have completed the first and second course in this series or have basic knowledge of the sourcing process and are looking to advance their skills in RFQ execution.


Why This Course:

By completing this course, you will be equipped to execute sourcing strategies effectively, ensuring that your organization reaps the benefits of well-planned and expertly negotiated procurement processes. You will leave with the confidence and skills to manage sourcing events and build strong, mutually beneficial relationships with suppliers.

Curriculum

    1. Introducing Learning Objectives.

      FREE PREVIEW

    1. Quick review of the 8-step sourcing process

    1. Download the Slides shown in the course

    2. 5. Decide specification and selection criteria

    3. 6. Send RFQ, negotiated and contract supplier

    4. 7. Implement new supply chain

    5. 8. Contract Management

    1. Questions to help you verify that you meet the Learning Objectives.

    1. Summery of the Course.

    2. Reflection after the course

    3. Recommended extra reading

About this course

  • €20,00
  • 11 lessons
  • Basic level - Tactical buyer role
  • 20-30 min
  • Quizz and Certificate

Fredrik Axelsson is 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.

RFQ template (Request for Quotation)

Recommended Next Step

Introducing the content of a RFQ. What should be included in a successful request to the market? The course describe the required information in order to collect correct and strong offers.
To the course: RFQ Template

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.