Strategic Sourcing for Improved Performance

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We are excited you are taking advantage of the exclusive opportunity to participate in CorpU Open with leaders across multiple companies. Plan to spend 30 minutes daily to stay connected with your cohort. The final day features a capstone event with your peers and CorpU experts.

Course: Strategic Sourcing for Improved Performance
Start Date: Aug. 9, 2021
Capstone: Aug. 13, 2021 12:00 pm ET
Time Commitment: 30 minutes per day

About This Course

This sprint illustrates how procurement, which once focused on driving low cost of materials, now serves as a strategic lever to create value through strong supplier relationships.

Leaders learn how procurement practices can:

  • Improve the cost and performance of spend categories
  • Monitor and improve supplier performance
  • Encourage suppliers to participate in developing innovations
  • Manage risk to minimize supply chain disruptions

Topics & Takeaways

  • Sourcing for Performance: identify critical leadership skills for more effective sourcing
  • Sourcing Strategies: apply the content to develop insight on how to improve your organization’s sourcing
  • Challenges and Opportunities of Globalization: explore the balance between value and risk
  • Strategic Sourcing and Competitive Advantage: reflect on your company’s competitive initiatives, discuss how customer demands will change in the future and how that will alter the competition

Business Impact

  • Improved alignment with supply chain partners
  • Demonstrated understanding of supplier relationships and production needs

Target audience

  • High Potential Leaders
  • Middle Managers addressing tactical concepts and application

Expectations

  • 5 daily lessons, approximately 30 minutes of activities in each of the first four days
  • 60 minute virtual live event with Expert Faculty on the capstone day
  • Expert Guide support of questions, comments, and group engagement and collaboration
  • Active participation – devoting your time to structured dialogue, private reflection, and deliberate practice will increase your knowledge and takeaways
  • Practical application – you can directly try and apply what you learn each day

Expert Faculty

Chris Craighead

Dove Professor, Haslam College of Business at the University of Tennessee. Affiliate Faculty in Supply Chain Management at Penn State Smeal College of Business

Course Features

100% Online Course Platform

30 Minutes Per Day

Leadership Coaching

World-Class Expert Teaching

Community of Practice

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