Sourcing
Sourcing refers to the process of finding, assessing and finalizing
purchases of goods or services from external suppliers as per the needs
of the company. The process involves shortlisting suppliers, negotiating
terms and prices as well as manage relationships with suppliers. The
process helps companies onboard effective and efficient suppliers and
increase their profits.
Why is Sourcing certification important?
- Demonstrates expertise in sourcing methodologies and tools.
- Builds credibility with employers and clients.
- Improves strategic thinking and decision-making in procurement or recruitment.
- Enhances negotiation and supplier/vendor relationship management skills.
- Aligns professionals with industry best practices and global standards.
- Increases earning potential and career growth opportunities.
- Provides a competitive advantage in a highly specialized domain.
- Offers a comprehensive understanding of cost-saving strategies.
Who should take the Sourcing Exam?
- Procurement Specialists
- Sourcing Managers
- Supply Chain Analysts
- Vendor Managers
- Talent Acquisition Specialists
- Recruitment Consultants
- Purchasing Agents
- Category Managers
- Operations Managers
- Strategic Sourcing Analysts
Sourcing Certification Course Outline
The course outline for Sourcing certification is as below -