Coursera

Strategic Sourcing & Supplier Selection Specialization

Coursera

Strategic Sourcing & Supplier Selection Specialization

Strategic Sourcing Excellence. Develop expertise in data-driven supplier selection and strategic procurement management.

LearningMate

Instructor: LearningMate

Access provided by Xavier School of Management, XLRI

Get in-depth knowledge of a subject
Intermediate level

Recommended experience

4 weeks to complete
at 10 hours a week
Flexible schedule
Learn at your own pace
Get in-depth knowledge of a subject
Intermediate level

Recommended experience

4 weeks to complete
at 10 hours a week
Flexible schedule
Learn at your own pace

What you'll learn

  • Execute the complete strategic sourcing process from supplier discovery through onboarding and management.

  • Apply data-driven frameworks including TCO analysis and weighted scoring for supplier selection decisions.

  • Create and manage RFI/RFQ processes while developing negotiation and supplier relationship capabilities.

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Taught in English
Recently updated!

January 2026

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Specialization - 8 course series

What you'll learn

  • Apply sourcing techniques and keyword searches to identify, evaluate, and compile lists of potential suppliers for strategic procurement decisions.

Skills you'll gain

Category: Keyword Research
Category: Strategic Sourcing
Category: Supplier Performance Management
Category: Procurement
Category: Lead Generation
Category: Artificial Intelligence

What you'll learn

  • Apply a structured market-scan process to research, identify, and compile a comprehensive long-list of potential suppliers for a specific product.

Skills you'll gain

Category: Supplier Management
Category: Market Research
Category: Market Intelligence
Category: Vendor Management
Category: Data Collection
Category: Project Scoping
Category: Business Research
Category: Project Documentation
Category: Supply Chain
Category: Strategic Sourcing
Category: Procurement
Category: Market Analysis
Category: Business Writing
Category: Organizational Skills

What you'll learn

  • Learner will execute a structured RFI process to gather, compare, and assess supplier capabilities for strategic sourcing decisions.

Skills you'll gain

Category: Data-Driven Decision-Making
Category: Strategic Sourcing
Category: Analysis
Category: Supplier Management
Category: Competitive Intelligence
Category: Supplier Relationship Management
Category: Market Intelligence
Category: Market Research
Category: Request For Quotation (RFQ)
Category: Request for Proposal
Category: Procurement
Category: Decision Making
Category: Supplier Performance Management
Category: Vendor Relationship Management

What you'll learn

  • Learners will identify mandatory RFQ data fields and use templates to collect, compare, and track vendor pricing for procurement.

Skills you'll gain

Category: Request For Quotation (RFQ)
Category: Vendor Management
Category: Supplier Management
Category: Bidding
Category: Standard Operating Procedure
Category: Spreadsheet Software
Category: Cost Estimation
Category: Process Analysis
Category: Purchasing
Category: Procurement
Category: Strategic Sourcing
Category: Data-Driven Decision-Making

What you'll learn

  • Learner will build and apply a weighted-scoring model to objectively analyze, evaluate, and shortlist top suppliers based on key business criteria.

Skills you'll gain

Category: Strategic Sourcing
Category: Analysis
Category: Vendor Relationship Management
Category: Data Visualization
Category: Business Reporting
Category: Vendor Management
Category: Data-Driven Decision-Making
Category: Environmental Social And Corporate Governance (ESG)
Category: Decision Making
Category: Data Analysis
Category: Statistical Modeling
Category: Communication
Category: Risk Analysis
Category: Business Metrics
Category: Workflow Management
Category: Negotiation
Category: Procurement
Category: Case Studies
Category: Supplier Management

What you'll learn

  • Learners will apply TCO models to evaluate supplier scenarios, incorporate financial factors, and make justified, data-driven award decisions.

Skills you'll gain

Category: Business Writing
Category: Financial Modeling
Category: Analysis
Category: Supplier Management
Category: Cost Benefit Analysis
Category: Cost Accounting
Category: Supply Chain Planning
Category: Procurement
Category: Strategic Sourcing
Category: Cost Management
Category: Business Communication
Category: Business Risk Management
Category: Cost Estimation
Category: Financial Statement Analysis
Category: Data-Driven Decision-Making
Category: Financial Analysis
Category: Bidding
Category: Business Analytics
Category: Capital Budgeting
Category: Business Modeling

What you'll learn

  • Recall fundamental negotiation levers and apply a structured note-taking method to capture key details during live negotiations.

Skills you'll gain

Category: Record Keeping
Category: Procurement
Category: Negotiation
Category: Market Intelligence
Category: Vendor Contracts
Category: Communication
Category: Price Negotiation
Category: Contract Negotiation
Category: Taking Meeting Minutes

What you'll learn

  • Effectively manage a Preferred-Supplier List, including onboarding new suppliers and ensuring compliance with procurement standards.

Skills you'll gain

Category: Supplier Management
Category: Vendor Management
Category: Market Analysis
Category: Data Quality
Category: Procurement
Category: Compliance Management
Category: Strategic Sourcing
Category: Supplier Relationship Management
Category: Data Integrity
Category: Vendor Relationship Management
Category: Workflow Management

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Instructor

LearningMate
Coursera
146 Courses 7,194 learners

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