Transform Your Procurement into a Strategic Growth Driver
This Strategic Sourcing: Optimizing Procurement for Business Growth training course provides comprehensive knowledge and practical skills required to move beyond transactional purchasing to strategic sourcing that delivers significant business value. It is designed to equip participants with methodologies for category management, supplier relationship management, negotiation, risk mitigation, and leveraging procurement to achieve cost savings, enhance quality, and foster innovation for sustainable business growth. Effective procurement goes beyond cost-cutting—it’s about building a resilient, high-value supply chain that supports business success. Strategic Sourcing: Optimizing Procurement for Business Growth equips procurement and supply chain professionals with tools to enhance supplier relationships, optimize costs, and implement data-driven sourcing strategies.
By the end of the Strategic Sourcing: Optimizing Procurement for Business Growth course, participants will be able to:
Module 1: Introduction to Strategic Sourcing
Defining strategic sourcing in modern procurement
The shift from tactical purchasing to value-based sourcing
The role of strategic sourcing in business profitability
Module 2: Market Research and Supplier Evaluation
Conducting industry analysis and supplier benchmarking
Developing supplier selection criteria and risk assessments
Ensuring supplier compliance with sustainability and ethical standards
Module 3: Strategic Sourcing Planning and Execution
Aligning sourcing strategies with business goals
Building a data-driven supplier selection and performance framework
Managing cost structures and total cost of ownership (TCO)
Module 4: Advanced Negotiation and Contract Management
Effective negotiation tactics to secure favorable procurement terms
Contract lifecycle management: drafting, execution, and compliance
Legal considerations and dispute resolution in sourcing agreements
Module 5: Supplier Relationship & Performance Management
Key principles of supplier collaboration and engagement
Performance measurement frameworks (KPIs, SLAs, and scorecards)
Conflict resolution and maintaining long-term supplier partnerships
Module 6: Cost Reduction and Value Optimization
Techniques for cost analysis and strategic cost-saving initiatives
Leveraging economies of scale for procurement efficiency
Case studies: cost optimization without compromising quality
Module 7: Digital Procurement and Technology Integration
The role of e-sourcing, AI, and blockchain in procurement
Using procurement analytics for strategic decision-making
Trends and innovations shaping the future of sourcing
Module 8: Implementation and Continuous Improvement
Developing a roadmap for strategic sourcing transformation
Measuring sourcing effectiveness and refining strategies
Case study presentations and action planning
Participants enrolling in this program should have a minimum of 3 years’ professional experience in procurement, supply chain, or related fields.
Requirements:
Applicants who do not meet this criterion but are eager to advance their sourcing expertise are encouraged to speak with a Career Advisor to discuss eligibility options.
Facilitator at Piston and Fusion Business Academy • Nigeria
Master's degree in Procurement and Supply Chain Management; Bachelor's degree in Marine Engineering; Diploma in Marine Engineering; (FIMC, IMC); (MCIPS, CIPS); (ANIMN, NIMN)
Fadola Johnson is a supply chain guru, seasoned leader, and passionate mentor with a Master's in Procurement and Supply Chain Management, a Bachelor's in Marine Engineering, and an Associate Diploma in Marine Engineering. His expertise spans various supply chain domains, including vendor management, procurement, warehouse and inventory management, logistics, strategy, quality management, and business leadership. With experience as Head of Supply Chain & Business Development at Apical International Energy and Resources Ltd, Fadola combines practical industry insights with a passion for education. As a sought-after trainer at Piston and Fusion Business Academy, he bridges the gap between theory and practice, equipping learners with the skills needed to excel in the dynamic supply chain field.
Piston and Fusion offer the Strategic Sourcing Course as Classroom in Lagos and Virtual Online Class in other states in Nigeria. See dates for classroom and virtual online class.
Strategic Sourcing Course Schedule for Lagos, Abuja, & Online
13th Oct – 15th Oct, 2025
As of Mon Aug 25 2025
Mon – Wed
8:30am – 3:30pm
3 days
Contact Us
Piston and Fusion offer the Strategic Sourcing Course as Classroom in Lagos and Virtual Online Class in other states in Nigeria. See fees for classroom and virtual online class.
Virtual Only
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Virtual Only
3 Months
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CV & LinkedIn Profile Development
Exam Application (Only for Certification courses)
Classroom & Virtual
Print & PDF
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Teabreak & Lunch
Souvenir
Notepad & Pen
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Classroom & Virtual
Print & PDF
Print & PDF
3 Months
Tea Break & Lunch
Souvenir
Notepad & Pen
CV & LinkedIn Profile Development
Exam Application (Only for Certification courses)
Talk to the Career Advisor and join the next schedule.
Are you a corporate client looking to upskill your team?
To register multiple employees for our courses, please fill out this form to request a proposal.
We’ll provide you with a detailed quote, outlining the costs and benefits of your chosen courses. Once approved, we’ll generate an invoice for payment.
Let’s elevate your team's skills together!
https://www.pistonandfusion.org/enrol-now?type=corporate&course=strategic-sourcingWe help you decide if this course is a good match for your career. We can also help you plan and develop a career path.
We help you decide if this course is a good match for your career. We can also help you plan and develop a career path.