Logistics & Supply Chain Management

We have produced the largest chain of Supply Chain professionals in the Middle East region. We offer extensive range of supply chain management certifications – CISCP, CISCM, CIWIM, CSCP, CILT, CIVM and more, targeted to upgrade a wide range of skillsets for multiple functionalities in the logistics and supply chain industry.

CISM – Certified International Sourcing Manager

Categories:

CISM – Certified International Sourcing Manager

Categories:

Course Objectives

Upon completing this sourcing manager certification, participants will be able to:

  • Develop and implement sourcing strategy
  • Understand global procurement and sourcing practices
  • Differentiate between various types of sourcing
  • Locate and determine sources of supply
  • Determine changing marketplace factors
  • Manage productive supplier relationship
    and ensure continuous process improvement

Target Competencies

  • Understanding SCM vs. Procurement & Purchasing vs. Sourcing
  • Strategic sourcing
  • Supplier Management
  • Global procurement and sourcing
  • Sourcing best practices
  • Supply chain sourcing

Course Outline

Module 1 – Sourcing in procurement and supply

  • What is SCM
  • What is procurement
  • What is purchasing
  • What sourcing is
  • The differences between SCM, Procurement, Purchasing and Sourcing

Module 2 – Strategic Sourcing

  • The Sourcing process
  • Differentiating tactical and strategic sourcing
  • Sources of information of potential suppliers
  • Prioritizing sourcing exercise
  • Cross-functional and cross-organizational involvement of stakeholders
  • Importance of early supplier involvement
  • Make/buy

Module 3 – Supplier Relationship Management

  • Key aspects to managing supplier relationships
  • Surveying the supply market
  • Importance of analyzing markets
  • Best practices – managing productive supplier relationships
  • Supply market analysis tools
  • Managing sourcing data

Module 4 – Selecting Suppliers and Measuring Performance

  • Selecting supplier and awarding the contract
  • Applying selection criteria
  • Supplier evaluation – an ambiguous phrase
  • Supplier evaluation criteria
  • Supplier rating methods
  • Supplier motivation

Module 5 – Contract Administration for Optimum Supplier Performance

  • Contract Essentials
  • Sequential source-to-contract cycle
  • Letters of Intent
  • Reviewing contracts for legal requirements
  • Maintaining procurement documents and records
  • Managing contract compliance
  • Aligning practices with policies
  • Implications of cost and time
  • Handling supplier related deviations

Module 6 – Sourcing Best Practices

  • Using emerging strategies to streamline supplier management system
  • Need for strategic relationships
  • Approaches to supplier relationship management
  • Types of suppliers
  • Supplier management solutions and strategies for better relationships
  • Evolution of category management
  • Building foundation of critical negotiations with critical suppliers

Module 7 – Ethical and Sustainable Supply Chain Sourcing

  • How organizations can help to ensure an ethical supply chain
  • Choose cost-efficient suppliers
  • Maximize the value of relationship
  • Building partnerships and relationships with suppliers
  • Supplier relationship hierarchy
  • Managing supply chain risk
  • Generic types of software in SCM

Module 8 – International Sourcing

  • Practical implications of sourcing from international suppliers
  • Opportunities in international sourcing
  • Key tools and techniques for developing international contracts
  • Advantages & disadvantages of international sourcing
  • Applicable laws and jurisdictions
  • Role of Forex and Hedging
  • Supply chain risks in international sourcing

IPSCMI, the International Purchasing and Supply Chain Management Institute is a globally reputed professional certification institute in the United States offering specialization course for Sourcing Manager throughout the world in all modes of instruction.

 

Blue Ocean Academy has an exclusive tie-up with the US-based International Purchasing and Supply Chain Management Institute (IPSCMI) to offer CISM in the UAE and other GCC countries. Upon course completion, students receive a Certificate from IPSCMI.

Course Objectives

Upon completing this sourcing manager certification, participants will be able to:

  • Develop and implement sourcing strategy
  • Understand global procurement and sourcing practices
  • Differentiate between various types of sourcing
  • Locate and determine sources of supply
  • Determine changing marketplace factors
  • Manage productive supplier relationship
    and ensure continuous process improvement

Target Competencies

  • Understanding SCM vs. Procurement & Purchasing vs. Sourcing
  • Strategic sourcing
  • Supplier Management
  • Global procurement and sourcing
  • Sourcing best practices
  • Supply chain sourcing

Course Outline

Module 1 – Sourcing in procurement and supply

  • What is SCM
  • What is procurement
  • What is purchasing
  • What sourcing is
  • The differences between SCM, Procurement, Purchasing and Sourcing

Module 2 – Strategic Sourcing

  • The Sourcing process
  • Differentiating tactical and strategic sourcing
  • Sources of information of potential suppliers
  • Prioritizing sourcing exercise
  • Cross-functional and cross-organizational involvement of stakeholders
  • Importance of early supplier involvement
  • Make/buy

Module 3 – Supplier Relationship Management

  • Key aspects to managing supplier relationships
  • Surveying the supply market
  • Importance of analyzing markets
  • Best practices – managing productive supplier relationships
  • Supply market analysis tools
  • Managing sourcing data

Module 4 – Selecting Suppliers and Measuring Performance

  • Selecting supplier and awarding the contract
  • Applying selection criteria
  • Supplier evaluation – an ambiguous phrase
  • Supplier evaluation criteria
  • Supplier rating methods
  • Supplier motivation

Module 5 – Contract Administration for Optimum Supplier Performance

  • Contract Essentials
  • Sequential source-to-contract cycle
  • Letters of Intent
  • Reviewing contracts for legal requirements
  • Maintaining procurement documents and records
  • Managing contract compliance
  • Aligning practices with policies
  • Implications of cost and time
  • Handling supplier related deviations

Module 6 – Sourcing Best Practices

  • Using emerging strategies to streamline supplier management system
  • Need for strategic relationships
  • Approaches to supplier relationship management
  • Types of suppliers
  • Supplier management solutions and strategies for better relationships
  • Evolution of category management
  • Building foundation of critical negotiations with critical suppliers

Module 7 – Ethical and Sustainable Supply Chain Sourcing

  • How organizations can help to ensure an ethical supply chain
  • Choose cost-efficient suppliers
  • Maximize the value of relationship
  • Building partnerships and relationships with suppliers
  • Supplier relationship hierarchy
  • Managing supply chain risk
  • Generic types of software in SCM

Module 8 – International Sourcing

  • Practical implications of sourcing from international suppliers
  • Opportunities in international sourcing
  • Key tools and techniques for developing international contracts
  • Advantages & disadvantages of international sourcing
  • Applicable laws and jurisdictions
  • Role of Forex and Hedging
  • Supply chain risks in international sourcing

IPSCMI, the International Purchasing and Supply Chain Management Institute is a globally reputed professional certification institute in the United States offering specialization course for Sourcing Manager throughout the world in all modes of instruction.

 

Blue Ocean Academy has an exclusive tie-up with the US-based International Purchasing and Supply Chain Management Institute (IPSCMI) to offer CISM in the UAE and other GCC countries. Upon course completion, students receive a Certificate from IPSCMI.