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Strategic Sourcing and Vendor Management

$100.00

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About the Course

Strategic sourcing enhances efficiency and value, ultimately impacting the profitability of any organization. In this essential course, you’ll learn how to develop and implement a sourcing strategy. Conducted in multifaceted approach, you will acquire key skills such as sourcing tactics for various materials, supplier selection, vendor management, negotiation, effective communication and comprehension of import/export regulation and agreement between countries.

What will you Learn?

  • Global clothing and footwear landscape
  • Global fashion retailers and their strategies
  • Sources of supplies in local and overseas market
  • Fundamentals of sourcing
  • Strategic sourcing concept
  • Art of effective negotiation
  • Raw Material sourcing tactics and timelines
  • Strategic vendor management
  • Factory evaluation on facilities, compliance & capabilities
  • Common Incoterms used in the industry
  • Categories and Tariffs
  • Computation of freight, duties and other factors
  • Computation of Estimated landed cost (ELC)

Who is it for?

This is meant for Fashion buyers, Merchandisers, Product Developers, Planners, Sourcing specialist, factory manager and Brand owner.

Duration?

16 hours

Course Partner

This Course has been designed in partnership with TaF.tc International.

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