Course Outline:

1. Internal Analysis
2. Market Analysis
3. Sourcing Frameworks
4. Tactical Review
5. Plan Development

Exercise Example:

• Commodity Strategy: 
  Each group is assigned to a different commodity and has to apply several sourcing frameworks such as Supplier SWOT, Internal SWOT, Development Funnel, Volatility Mapping, Scenario Response etc. to develop a commodity specific strategy.

Expectations Upon Completion:

• Skills to uncover internal opportunity areas and the current state of supplier engagement
• Ability to use sourcing frameworks to build a strategic commodity plan
• Knowledge to employ specific tactics to deliver savings and supply continuity for the category
• Capability to assess market dynamics for leverage, volatility and risk