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2018 Training Courses

Engaged in Supply Chain, Procurement, Customs, Marketing to Take your Work Competitiveness to the Next Level
Implementing Global Sourcing
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  • 113 Joined
Date & Location:
Date: May 21 - 22
Location: Chicago
Date: Oct 30 - 31
Location: Shanghai
Date: Dec 04 - 05
Location: Singapore
Training Brief:

Getting the greatest value for every dollar spent has become a common business imperative that has resulted in a dramatic increase in global sourcing. Today's sourcing expert must know the answer to the question, “Are you getting the best value in the world?” With major competitors from all over the world and potential customers in every part of the globe, the answer is critical to the strategies of your organization. Those who know the answer have added an exciting and challenging aspect to their career and created profits for their company.  They also understand that experience and specialized expertise are required to explore global buying opportunities.  This seminar is designed to provide the participants with a proven process with which to implement global sourcing initiatives that is based on the practical experience of others involved in international buying.

Learning Objective:

  • International Labor rates
  • 22 step global sourcing process.
  • 9 areas to cover in selecting items for Global Sourcing.
  • How to avoid the most common problems in changing suppliers
  • 5 Different approaches to global sourcing and the benefits and disadvantages of each.
  • Dealing with Currency Fluctuations
  • Commodity Market Volatility
  • Methods of finding suppliers
  • Final price determination
  • 4 Common Payment Methods in International transactions.

Testimonial:
  • Facilitator was clear; examples and quoted practices were practical and could help in our sourcing practices.

    Director, Global sourcing Asia, Hill-Rom Services
  • Learning the experiences/mistakes that the presenter has been through. And can be key to avoid the mistakes that had happened.

    Supply Base Manager, AVID
  • Very useful. Some creative tips + food for thought as well as some timely reminders + refreshers very well delivered by Robi.

    Sourcing Director, Halfords Global Sourcing