Strategic Sourcing 101 Course

Duration: 2 hours
Live Sessions: 1
Upcoming Cohorts:
September 23rd, 2026 live class
November 16th, 2026 live class
Course Price: $199 USD
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Lay the foundation for successful strategic sourcing

Strategic Sourcing is a proven method for improving supplier alignment, reducing costs, and supporting more effective sourcing decisions.

This live online course provides practical planning tools and sourcing methods used to prepare for successful sourcing initiatives and market tests.

Course Curriculum

  • Strategic Sourcing Fundamentals: Understand the objectives and four phases of an effective strategic sourcing initiative
  • Preparing for a Market Test: Learn the six key components required to prepare an effective RFQ package
  • Current State & Planning Activities: Review the eight planning activities used to assess spend, supply, and organizational needs
  • Strategic Sourcing Planning Tools: Complete practical exercises using commodity overviews, stakeholder interviews, supplier profiles, and commodity objectives
  • “The course gave me a clear, practical structure I could apply immediately to my commodity. For a mid‑sized automotive supplier, this course hits the right balance of strategy and real‑world execution.”
    Sr. Commodity Buyer at a leading electrical manufacturer
  • “Sending my team to Strategic Sourcing 101 gave us a shared language and a consistent approach to how we plan and execute sourcing initiatives.  We saw better preparation, stronger supplier conversations, and faster alignment across commodities almost immediately.”
    VP Procurement at a Tier 1 automotive company

Course Activities to Earn Certificate of Completion

  1. Attend the live 2-hour online training session
  2. Learn the planning activities required before a market test
  3. Complete practical sourcing planning tools and templates.
    • Expected hours to complete course – 2 CE Credits

    After completing the program participants have learn how to:

    • Explain the four phases of an effective strategic sourcing initiative
    • Identify the six key components required for an effective RFQ package
    • Assess current spend and supply conditions using a commodity overview
    • Capture stakeholder requirements using structured interview guides
    • Develop Ideal Supplier Profiles to evaluate supplier alignment
    • Document commodity objectives that support organizational needs
    • Understand the planning activities completed before a market test

    Meet the Trainer

    Mike Wynn is Vice President of Advanced Purchasing Dynamics (APD), a firm established in 2004 and committed to helping manufacturers create competitive advantage through the application of knowledge-based cost management and negotiations. 
     
    Wynn leads the Purchasing Consulting practice for APD, where he ensures that our teams deliver strategic impact and significant costs savings to clients. He has been actively developing and improving APD’s AI-related training content since late 2023, and has published 20+ articles on practical AI applications for procurement professionals.

    Interested in other APD Procurement Training topics? Download the full catalog here:


    Questions about this course, group pricing, company-specific classes, or in-person training options?
    Reach out to APD’s Director of Training, Denise Mattern, for guidance.
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