Sourcing of inputs has been adjudged as one of the top critical challenges faced by managers of the global and local terms. The old world approach to procurement has seen a sea change, especially as the pandemic progressed. The current environment poses a new challenges and risk in supply chains from the sourcing stand point. As disruptions and uncertainties compounded, the price and volume risks rose disproportionately and this called for new toolkits for managing both these risks. The buying portfolio has also assumed far more strategic intent than the past.
This program aims to provide a comprehensive understanding of sourcing and procurement concepts with real-world applications. Through this program, learners will develop a strategic approach to unlock new value and safeguard organizations from future disruption.