CET868 Strategic Sourcing and Procurement

Course Provider

School of Mechanical and Aerospace Engineering (MAE)

Certification

FlexiMasters

Academic Unit

2

Introduction

Strategic sourcing and procurement play a critical role in strengthening an organization’s competitive position, agility, and operational efficiency, especially in a disruptive world. Recent VUCA (volatile, uncertain, complex, and ambiguous) events have cast a spotlight on how sourcing and procurement strategies are essential to address opportunities and threats in the external environment and ensure value creation in an organization.

This course will equip participants with the ability to identify, map out and address their organization’s procurement objectives and strategies, evaluation and selection processes, and sourcing management (including global sourcing), to align with their organization’s business and corporate strategies. This will enable participants to gain a broader appreciation of the strategic role sourcing and procurement plays in the evolving supply chain and how it helps to safeguard business continuity.

 

This course is part of:

- Graduate Certificate in Supply Chain Engineering
- FlexiMasters in Supply Chain Engineering


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By the end of this course, participants will be able to:

• Identify and address the bottlenecks and critical gaps in procurement strategies and processes, to create value and improve their organization’s agility and continuity.

• Develop and recommend contextualized strategies and techniques to select and evaluate suppliers, aligned with the organization’s business strategies.

• Create and apply best practices to enhance an organization’s strategic capabilities and competitive advantages in strategic sourcing and procurement.

1. Strategic Alignment of Procurement

VUCA (volatile, uncertain, complex, ambiguous) framework, PESTEL (political, economic, socio-cultural, technological, environmental, legal) framework, Porter’s 5 forces, Strategic Capabilities and VRIO (valuable, rare, inimitable, organizational support) framework, and corporate and business level strategies.

2. Objectives and Processes of Procurement

Objectives of procurement, P2P (procure-to-pay) process, and factors affecting purchase situations and purchase decisions.

3. Procurement and Sourcing Strategies

Kraljic’s Portfolio Matrix (category management) and sourcing strategies.

4. Global Sourcing, Challenges and Risks

Global sourcing, challenges, risks, and mitigation

Working adults from the industry, professionals seeking mid-career change or fresh graduates with relevant background.

Standard Course Fee: S$2,616

SSG Funding Support

 Course fee

Course fee payable after SSG funding, if eligible under various schemes

 

BEFORE funding & GST

AFTER funding & 9% GST

Singapore Citizens (SCs) and Permanent Residents (PRs) (Up to 70% funding)

S$2,400

S$784.80

Enhanced Training Support for SMEs (ETSS)

S$304.80

SCs aged ≥ 40 years old
SkillsFuture Mid-career Enhanced Subsidy (MCES)
(Up to 90% funding)

  • Standard course fee is inclusive of GST.
  • NTU/NIE alumni may utilise their $1,600 Alumni Course Credits. Click here for more information.

 

Read more about funding

Ms Jeanette Ng

Jeanette Ng is a course developer, coordinator and instructor of online, hybrid and face-to-face courses related to business, strategy and logistics for undergraduate, postgraduate and senior executive development programmes for MNCs within the region. She is a Certified Specialist and Expert in Digital Teaching and Learning under Blackboard Academy™ and holds seven digital teaching certifications under Quality Matters™.

She is the recipient of six teaching awards and six commendation letters for teaching excellence and a designated Specialist Adult Educator (Facilitation) under Institute of Adult Learning.  Her former roles include being the global head of strategy and the director of corporate development.  She is currently serving as a mentor under Workforce Singapore’s Career Conversion Programme for mid-career professionals.  

COURSE TITLEACADEMIC UNIT
CET857 Warehousing Operations1
CET858 Global Air Cargo1
CET859 Multi-modal Transport and Sea Freight Management1
CET860 Decision Making under Uncertainty1
CET861 Optimization of Supply and Transportation Networks1
CET862 Decision Analytics and Applications1
CET863 Sales and Operations Planning1
CET864 Resource and Capacity Planning 2
CET865 Introduction to Supply Chain Management1
CET866 Supply Network Design & Inventory Management1
CET867 Strategies for Supply Chain Alignment 1
CET869 Effective Supplier Management & Development1


Listed courses are:

  • Credit-bearing and stackable to Graduate Certificate in Supply Chain Engineering (total 9AUs) and FlexiMasters in Supply Chain Engineering (total 15AUs).
  • SkillsFuture Credit approved.