Skip to main content
Mastering Indirect Procurement; A Comprehensive Guide to Risk Management and Strategic Sourcing

Mastering Indirect Procurement; A Comprehensive Guide to Risk Management and Strategic Sourcing

$199.00
When you get access:
Course access is prepared after purchase and delivered via email
How you learn:
Self-paced • Lifetime updates
Your guarantee:
30-day money-back guarantee — no questions asked
Who trusts this:
Trusted by professionals in 160+ countries
Toolkit Included:
Includes a practical, ready-to-use toolkit with implementation templates, worksheets, checklists, and decision-support materials so you can apply what you learn immediately - no additional setup required.
Adding to cart… The item has been added

Mastering Indirect Procurement: A Comprehensive Guide to Risk Management and Strategic Sourcing



Course Overview

This comprehensive course is designed to equip procurement professionals with the knowledge, skills, and expertise needed to master indirect procurement, risk management, and strategic sourcing. Participants will receive a certificate upon completion, issued by The Art of Service.



Course Features

  • Interactive and engaging learning experience
  • Comprehensive and up-to-date content
  • Personalized learning approach
  • Practical and real-world applications
  • High-quality content developed by expert instructors
  • Certificate upon completion
  • Flexible learning schedule
  • User-friendly and mobile-accessible platform
  • Community-driven learning environment
  • Actionable insights and hands-on projects
  • Bite-sized lessons for easy learning
  • Lifetime access to course materials
  • Gamification and progress tracking features


Course Outline

Module 1: Introduction to Indirect Procurement

  • Defining indirect procurement and its importance
  • Understanding the role of procurement in business operations
  • Identifying indirect procurement categories and spend
  • Overview of the procurement process

Module 2: Risk Management in Indirect Procurement

  • Understanding risk management principles and concepts
  • Identifying and assessing risks in indirect procurement
  • Developing and implementing risk mitigation strategies
  • Monitoring and reviewing risk management effectiveness

Module 3: Strategic Sourcing in Indirect Procurement

  • Understanding strategic sourcing principles and concepts
  • Developing a strategic sourcing plan
  • Identifying and evaluating suppliers
  • Negotiating and contracting with suppliers

Module 4: Category Management in Indirect Procurement

  • Understanding category management principles and concepts
  • Developing a category management plan
  • Identifying and evaluating category opportunities
  • Implementing and managing category strategies

Module 5: Supplier Relationship Management in Indirect Procurement

  • Understanding supplier relationship management principles and concepts
  • Developing a supplier relationship management plan
  • Building and maintaining supplier relationships
  • Managing supplier performance and risk

Module 6: Contract Management in Indirect Procurement

  • Understanding contract management principles and concepts
  • Developing and negotiating contracts
  • Managing contract performance and compliance
  • Renegotiating and terminating contracts

Module 7: Spend Analysis and Reporting in Indirect Procurement

  • Understanding spend analysis principles and concepts
  • Developing a spend analysis plan
  • Collecting and analyzing spend data
  • Reporting and interpreting spend results

Module 8: Technology and Tools in Indirect Procurement

  • Understanding procurement technology and tools
  • Evaluating and selecting procurement software
  • Implementing and managing procurement systems
  • Using data analytics and business intelligence in procurement

Module 9: Best Practices and Benchmarking in Indirect Procurement

  • Understanding best practices and benchmarking principles
  • Identifying and evaluating best practices in indirect procurement
  • Developing a benchmarking plan
  • Implementing and managing best practices and benchmarking

Module 10: Case Studies and Group Discussions

  • Real-world case studies and group discussions
  • Applying course concepts to real-world scenarios
  • Sharing experiences and best practices
  • Networking and building relationships


Certificate and Continuing Education

Upon completion of the course, participants will receive a certificate issued by The Art of Service. The course is designed to provide continuing education and professional development opportunities for procurement professionals.

,
!