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Strategic Sourcing: Master the 7-Step Process

Learn effective strategic sourcing methods and category management techniques tailored for procurement professionals to enhance efficiency

Learn effective strategic sourcing methods and category management techniques tailored for procurement professionals to enhance efficiency

This course cannot be purchased separately - to access the complete learning experience, graded assignments, and earn certificates, you'll need to enroll in the full Global Procurement and Sourcing Specialization program. You can audit this specific course for free to explore the content, which includes access to course materials and lectures. This allows you to learn at your own pace without any financial commitment.

4.7

(241 ratings)

16,338 already enrolled

Instructors:

English

پښتو, বাংলা, اردو, 3 more

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Strategic Sourcing: Master the 7-Step Process

This course includes

5 Hours

Of Self-paced video lessons

Beginner Level

Completion Certificate

awarded on course completion

Free course

What you'll learn

  • Master the proven 7-step Strategic Sourcing Process

  • Develop effective category sourcing strategies

  • Learn supplier selection and negotiation techniques

  • Implement continuous improvement practices

  • Understand procurement stakeholder management

Skills you'll gain

Strategic Sourcing
Category Management
Supplier Selection
Procurement Strategy
Negotiation
Supply Chain Management
Supplier Relationship Management
Process Optimization

This course includes:

0.5 Hours PreRecorded video

Peer review assignments

Access on Mobile, Tablet, Desktop

FullTime access

Shareable certificate

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Certificate

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Top companies provide this course to enhance their employees' skills, ensuring they excel in handling complex projects and drive organizational success.

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There are 3 modules in this course

This foundational course provides a comprehensive overview of the strategic sourcing process, focusing on a proven 7-step methodology. Students learn to profile categories, develop sourcing strategies, generate supplier profiles, and implement continuous improvement practices. The curriculum covers supplier selection, negotiation, and relationship management, with practical applications through case studies and peer reviews.

Welcome & Strategic Sourcing-Part 1

Module 1 · 57 Minutes to complete

Strategic Sourcing-Part 2

Module 2 · 46 Minutes to complete

Strategic Sourcing-Part 3

Module 3 · 3 Hours to complete

Fee Structure

Instructor

Don Klock
Don Klock

4.8 rating

54 Reviews

61,356 Students

14 Courses

Senior Global Procurement and Supply Chain Executive

Don Klock is a senior global procurement and supply chain executive with over 30 years of experience in the international and domestic markets, having held key positions in major multinational consumer product corporations such as Colgate-Palmolive, Mars, Inc., and Reckitt Benckiser. After retiring from Colgate-Palmolive, where he served as Vice President and Chief Procurement Officer, Klock transitioned to academia as an adjunct professor of Supply Chain Management at Rutgers University Business School. During his 11-year tenure at Colgate-Palmolive, he led a comprehensive global procurement transformation that generated savings exceeding $1 billion. His areas of expertise include global procurement and sourcing, cost-saving strategies, supplier innovation, supply chain systems and processes, customer service enhancement, talent management, and change management. In recognition of his significant contributions to both business and academia, he received the Procurement Leaders Lifetime Achievement Award in 2014. Additionally, he launched the “Global Procurement and Sourcing Specialization” course on Coursera in 2020, attracting over 30,000 enrolled students. Don holds an MBA in Operations Management from the University of Rochester and a BS in Engineering and Management from Clarkson University. He resides in New York City with his wife.

Strategic Sourcing: Master the 7-Step Process

This course includes

5 Hours

Of Self-paced video lessons

Beginner Level

Completion Certificate

awarded on course completion

Free course

Testimonials

Testimonials and success stories are a testament to the quality of this program and its impact on your career and learning journey. Be the first to help others make an informed decision by sharing your review of the course.

4.7 course rating

241 ratings

Frequently asked questions

Below are some of the most commonly asked questions about this course. We aim to provide clear and concise answers to help you better understand the course content, structure, and any other relevant information. If you have any additional questions or if your question is not listed here, please don't hesitate to reach out to our support team for further assistance.