CILT-Endorsed Strategic Sourcing Course: Turning Procurement into Value Creation (Online / Remote)
1Summary
Many procurement teams still treat sourcing as an annual price negotiation rather than a strategic function — and that gap is exactly what keeps money on the table year after year. The CILT-Endorsed Strategic Sourcing Course: Turning Procurement into Value Creation, delivered by the Arab British Fellowship Training Academy, reframes sourcing as a continuous 7-step discipline that procurement professionals can run end to end, from understanding where spend actually goes to sustaining the value they've captured.
The course moves through the process in four connected stages rather than treating each step in isolation: it starts by uncovering exactly where money is spent and what the market can offer, then builds the skill of turning that insight into a sourcing strategy suppliers can be measured against. From there, attendees develop the negotiation and relationship-management skills needed to convert a signed contract into a working partnership, and finish by learning how to track performance so the gains don't erode once the deal is signed.
2Objectives and target group
What You'll Be Able to Do
- Run a full spend analysis to find where costs can realistically be cut, and back it with structured market research on supplier capability and trends.
- Apply clear evaluation criteria to select the right suppliers, and design a sourcing strategy that fits the organisation's actual goals.
- Negotiate contracts and manage supplier relationships built for the long term, not just the signing moment.
- Track sourcing performance with KPIs and keep refining the approach as conditions change.
Who Should Attend?
- Procurement professionals and purchasing officers looking to move beyond price-only sourcing.
- Supply chain managers responsible for vendor selection and ongoing management.
- Operations managers and business owners who want procurement to deliver measurable value.
3Course Content
Module 1: Where the Money Actually Goes
- Reading procurement data to spot spending patterns and realistic cost-saving opportunities.
- Researching supplier markets and industry trends to know what's actually available.
Module 2: Reading the Supplier Market and Choosing Partners
- Evaluating supplier capability, risk, and fit using structured criteria.
- Selecting suppliers based on performance and value, not just price.
Module 3: From Strategy to Signed Contract
- Designing a sourcing strategy that aligns with the organisation's broader objectives.
- Negotiating terms that protect value on both sides of the deal.
Module 4: Making the Partnership Work Over Time
- Managing supplier relationships and contract execution for sustained performance.
- Using KPIs and continuous improvement techniques to keep sourcing effective long after the deal closes.