On completion of this EDP, learners will be able to explain the options and associated processes available for sourcing with external suppliers. They will also examine the legal and ethical impact and the implications of corporate social responsibility, on the final sourcing decision.
Identify the sourcing process in relation to procurement; Differentiate between approaches to the sourcing of requirements from suppliers; Define selection criteria that can be commonly applied when sourcing requirements from external suppliers; Define award criteria that can be commonly applied when sourcing requirements from external suppliers; Analyse commonly used sources of information on market data that can impact on the sourcing of requirements from external suppliers; Identify the key processes used for obtaining quotations and tenders; Identify the criteria that can be commonly applied to the assessment of quotations or tenders; Analyse how electronic systems can be used to help the sourcing of requirements from external suppliers; Compare the key legislative, regulatory and organisational requirements when sourcing in the not-for-profit, private and public sectors; Compare the key legislative, regulatory and organisational requirements when sourcing from international suppliers; Describe the impact of international ethical standards on procurement and supply; Identify practices that support ethical procurement; Compare the use of audits and other feedback mechanisms to evaluate ethical standards in the workplace; Contrast processes and practices that the organisation could adopt to meet the requirements of Corporate Social Responsibility (CSR). Please click here for the detailed syllabus.
Faculty-led, online sessions through GoToWebinar Platform using PowerPoint Presentations with industry examples. Medium of instruction is English.
Venkadesh Narayanan, Principal Consultant at Fhyzics Business Consultants and recognised trainer of ASCM/APICS, USA and CIPS, UK. Please click here for his complete profile.
INR 7500 plus 18% GST (or) USD 125
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IISCM Digest is from Integrated Institute of Supply Chain Management, a unit of Fhyzics Business Consultants Private Limited. Fhyzics specialises in procurement and supply chain, consulting, and certifications. IISCM is an ACP of Association for Supply Chain Management (ASCM/APICS), USA and ASC of Chartered Institute for Procurement and Supply (CIPS), UK.
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