Sourcing: Understanding supply markets and correctly specifying products and services means knowing what is required and sourcing from suitable suppliers with necessary capabilities. This module helps enterprises develop supplier relationships, select and negotiate the best offers, and manage contracts / risks in a cost-effective manner. It enables participants to specify needs, analyse supply markets and source from suppliers in a cost-effective and sustainable manner.

Skills and competencies: specifying requirements; analysing supply markets; appraising suppliers; obtaining and selecting offers; negotiating; and, contracting.

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