This course will introduce participants to the essentials of strategic sourcing and its key inputs and activities that impact business' procurement life cycle and category management enhancement on their spend. The attendees will go through a comprehensive learning on the rigorous phases revolving the strategic sourcing process that will enable the participants to better understand their companies' current state of procurement and level all possible opportunities to leading industry practices. Significant tools and techniques to manage risk, create value and manage the cost side of business.