Adaptive Sourcing: Agile Procurement in Practice

Go to class
Write Review

Adaptive Sourcing: Agile Procurement in Practice provided by Udemy is a comprehensive online course, which lasts for 1-2 hours worth of material. Adaptive Sourcing: Agile Procurement in Practice is taught by Sergii Dovgalenko FCIPS. Upon completion of the course, you can receive an e-certificate from Udemy. The course is taught in Englishand is Paid Course. Visit the course page at Udemy for detailed price information.

Overview
  • IT Procurement with Agile mindset

    What you'll learn:

    • Evaluate the economic effect of Agile Procurement in terms of revenue loss due to delayed Time-to-Market
    • Study and practice true Agile procurement principles (speed, flexibility, multiple choice scenarios)
    • Understand transformational trends of the Industry 4.0
    • Explain the notion of the Operating Model
    • Review the Bimodal operating model and its realization for IT and Procurement
    • Study three ground theories (PST Model, Buygrid Framework, Pace Layer Model)
    • Synthesize earlier theories into the Adaptive Sourcing Concept
    • Understand the complexity of innovation procurement and possible solutions to source Systems of Innovation.
    • Review the Hybrid Sourcing Strategy for IT as a practical application of the Adaptive Sourcing

    This course unites two worlds – IT and Procurement. Both functions are going through significant business and technological transformation to comply with the Industry 4.0 mandate.

    Our course is efficient - it is half exercises, case studies, and applying best practices straight after learning.

    Instead of just talking about Agile procurement, we'll suggest actionable advice for its realization synthesized from classical theories and intuitive concepts. For example, we will provide the mathematical model to calculate the value of Time-to-Market and prove the critical importance of Agile procurement.

    In 2022, the standardized "unisex" governance is a repelling anachronism, damaging the company and its suppliers more than any competitors.

    We need to apply flexible business processes depending on the situation selectively.

    A bimodal operating model precisely allows that. Therefore, it attracted IT and strategic sourcing professionals, creating "bimodal IT" and "bimodal procurement."

    This course will explain the origins of the bimodal operating model, its bright sides, and its deficiencies.

    We'll present Adaptive Sourcing as the synthesis of different concepts, which leverages the bimodal procurement process but goes well beyond its remits. Essentially, it is the practical realization of Agile procurement.

    We'll also propose a custom sourcing strategy for IT goods and services that puts our theoretical definitions into the negotiation practice.

    Indeed, Adaptive Sourcing is one of the implementations of Agile Procurement 4.0 – flexible, variable, and streamlined. It brings additional cost savings, stakeholder satisfaction, and business process optimization.

    Strategic procurement and sourcing managers and IT experts may start practicing it immediately!