Global Sourcing

At the Wacker-Chemie AG or Kärcher GmbH & Co. KG lean management is applied in procurement and logistics which enables attractive margins for these companies. In order to cope with the customers’ cost and quality awareness, companies of any size consider the chances of international procurement and logistics. The advancement of these companies during the last years is finally also due to the internationalisation of purchase. In the next years it will be vital to raise worldwide cost potentials in order to ensure the company’s existence also in the future.
As one of the big cost factors in a company, the relevance of Global Sourcing, is not only decisive for logisticians, but for any executive and anyone on the steering wheel of the company. Decisions can be trend-setting for the competition and can influence the price for the customer significantly.

This seminar will point out global networks and relationships of procurement and it will explain procurement strategies; their practical application will be illustrated by case examples.

By means of strategic procurement strategies the advantages towards competitors will be shown and possible cost drivers will be analysed.

One aspect of strategic procurement management will be the comparison of international procurement activities and past strategies.

Via an introduction into Global Sourcing we will especially focus on procurement management. We will systematically work out exemplary questions and problems of various areas in Global Sourcing. Sample applications will cover a wide range of examples from procurement management as competitive factor, different procurement strategies and international procurement activities up to global trends in Global Sourcing.
Some of the topics:
- Chances and risks in international purchase
- Determination of the procurement potential
- Procurement market analysis – How to find resilient procurement market data?
- Selection of suppliers and supplier management
- Quality management in the international environment
- Intra-corporate preconditions - acceptance with regard to management and employees