Inventory tied up in dual and multiple sourcing is capital the organisation cannot use elsewhere. A supply chain is only as reliable as the least visible link inside multiple sourcing. The programme suits teams tackling the wider procurement and supply operations agenda together as readily as individuals attending alone. It concentrates on the parts of dual and multiple sourcing that determine outcomes and treats the rest proportionately. Each session closes with a decision the participant must justify about this part of procurement and supply operations in their own setting. Buying a tool rarely fixes multiple sourcing; the underlying capability has to be built internally first. They leave able to brief senior management on dual and multiple sourcing in terms that support a decision. Organisations that document multiple sourcing properly resolve disputes about it far more quickly. The final session converts the week's work on the wider procurement and supply operations agenda into commitments with owners and dates.
Expected Learning Outcomes
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Set inventory policy for dual and multiple sourcing: reorder points, safety stock and review cycles.
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Apply sustainability and ethical sourcing criteria to multiple sourcing.
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Verify that improvements to dual and multiple sourcing have held six months after they were introduced.
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Review contracts and agreements for the obligations they create around multiple sourcing.
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Evaluate suppliers for dual and multiple sourcing on total cost of ownership, not unit price.
✓
Segment spend on multiple sourcing and apply a sourcing strategy proportionate to risk and value.
✓
Set a realistic target state for dual and multiple sourcing and a defensible route to it.
Who Should Attend
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Public sector tendering officers applying dual and multiple sourcing under procurement regulation.
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Supply chain planners forecasting demand for multiple sourcing.
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Officers preparing reports on dual and multiple sourcing for boards or oversight committees.
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Managers with direct responsibility for multiple sourcing within the supply function.
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Warehouse and stores managers operating dual and multiple sourcing.
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Finance staff reviewing spend and working capital in multiple sourcing.
Course Modules
Open any module to see its sessions and topics.
01
Dual and multiple sourcing: sourcing strategy and market approach
2 sessions · 8 points
Session 1Evaluating suppliers on dual and multiple sourcing beyond the lowest number
Agree the escalation route when supply of dual and multiple sourcing is disrupted.
Identify the data already collected that bears on multiple sourcing.
Plan the sequence in which improvements to dual and multiple sourcing will be introduced.
Identify single-source dependencies in multiple sourcing and cost the alternatives.
Session 2Making supplier performance on multiple sourcing mean something
Apply ethical and environmental criteria to supplier selection in dual and multiple sourcing.
Confirm that contractual obligations around multiple sourcing are understood.
Set the consequence for failing service levels on dual and multiple sourcing, and apply it.
Verify segregation between requisition, approval and receipt in multiple sourcing.
02
Multiple sourcing: measurement, savings validation and reporting
2 sessions · 8 points
Session 1Getting other functions to support multiple sourcing
Test the procedure for dual and multiple sourcing against a realistic scenario.
Write the specification for multiple sourcing so two suppliers would price it the same way.
Assess supplier financial health for critical elements of dual and multiple sourcing.
Set the review interval for multiple sourcing and who attends.
Session 2Who answers for multiple sourcing, and to whom
Validate claimed savings on dual and multiple sourcing against actual invoiced spend.
Confirm that reporting on multiple sourcing reaches the people who can act.
Check the delivery terms and customs classification applied to dual and multiple sourcing.
Establish what evidence demonstrates multiple sourcing is under control.
03
Multiple sourcing: supplier evaluation, award and contract terms
2 sessions · 8 points
Session 1Releasing working capital trapped in multiple sourcing
Map the handovers in dual and multiple sourcing between functions and secure them.
Confirm traceability from supplier to point of use for multiple sourcing.
Calculate reorder point and safety stock for each item in dual and multiple sourcing.
Record the rationale for each significant choice made about multiple sourcing.
Session 2Comparing dual and multiple sourcing with recognised practice
Build the competence framework that supports dual and multiple sourcing.
Identify slow-moving and obsolete stock inside multiple sourcing and decide its fate.
Assign responsibility for keeping documentation of dual and multiple sourcing current.
Write down the assumptions underpinning the approach to multiple sourcing.
04
Multiple sourcing: supplier performance and relationship management
2 sessions · 8 points
Session 1Contract terms on multiple sourcing that survive execution
Review whether inventory policy on dual and multiple sourcing still matches actual demand.
Arrange the handover of multiple sourcing so capability survives staff changes.
Segment spend on dual and multiple sourcing by value and supply risk before choosing an approach.
Rehearse the briefing on multiple sourcing that would follow an incident.
Session 2The single point of failure inside multiple sourcing
Review the audit trail for the last three award decisions on dual and multiple sourcing.
Identify where judgement in multiple sourcing is legitimate and where it is not.
Evaluate dual and multiple sourcing on total cost of ownership across the full life.
Agree the smallest change to multiple sourcing that would be visibly useful.
Choose the package that suits you
Silver Package
At least 3 people
USD1,250
Workshop or Program Participation
Airport Transfers
Customized Badge
Expert Mentorship (Private Sessions)
Supervision & Secretarial Services
Accredited Certificate of Participation
Complete Training Kit
Coffee Break
Closing Ceremony
Gold Package
At least 3 people
USD1,850
5-night stay in a 5-star hotel
Workshop or Program Participation
Airport Transfers
Customized Badge
Expert Mentorship (Private Sessions)
Supervision & Secretarial Services
Accredited Certificate of Participation
Complete Training Kit
Coffee Break
Closing Ceremony
Complete your registration
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