Comprehensive course analysis
Who should attend
The program is for professionals in procurement, sourcing and supply management and with development responsibilities and the power to influence strategic decisions. The program is also suitable for people who act in collaboration with procurement, e.g. production, R&D or sales.
The Diploma in Global Sourcing program is especially valuable for managers, directors and chief officers in procurement, sourcing, purchasing, operations, production and sales. Participants in previous courses have worked, for example, as sourcing directors, category leads and supply chain managers.
About the course
Drive Results Towards Long-term Business Advantage
Procurement has traditionally been considered as an operational function focused on buying goods and services at the lowest price and reducing transactional costs. But procurement can be much more than this. Procurement’s unique position at the interface between the internal and external domains means that it can contribute value in a way that no other function can. Procurement teams have insights and relationships that they can leverage to promote an organization's strategic goals and develop competitive advantage. In future, procurement will not only be measured by cost savings delivered, but also by value created.
Do you and your company have the competencies needed to respond to this scenario or even to get ahead of the curve?
The Diploma in Global Sourcing program builds competencies that drive towards the best possible customer satisfaction by integrating procurement with other supply chain operations. You will acquire tools to help you and your company transform everything from sourcing strategies to processes to match the upgraded expectations.
The Diploma in Global Sourcing program was developed in cooperation with the Department of Industrial Engineering of Helsinki University of Technology (nowadays part of Aalto University) and continues to be developed in close collaboration with Aalto University.
The Diploma in Global Sourcing was first developed as a customized concept to strengthen procurement and sourcing practices in a large Finnish corporation. Since the introduction of the open Diploma program, more than 200 sourcing professionals have chosen to develop themselves and their companies with us. Procurement and sourcing have evolved considerably since the program was first introduced in 2008, and the program has developed in response. The program is delivered once a year.
- The content of the program is aligned to companies’ and individuals’ development needs.
- The learning methods used enable you to develop a broad understanding of sourcing at a practical level.
- World-class experts with both academic and business strengths from Aalto University and other organizations will support your journey.
After completing the program, participants will understand how to drive long-term business advantage throughout the network and supply chain in a digitalized world. The program provides fresh insights, applicable concepts and pragmatic tools that make your daily work more beneficial, effective and easier.
Develop sourcing strategies that generate value for all actors across the supply chain
Drive towards the best possible customer satisfaction by integrating sourcing with other supply chain operations
Learn to reduce costs while maximizing supplier value and opportunity
Contents and Schedule
The Diploma in Global Sourcing – DGS program provides new insights, frameworks, tools and methods to support deeper understanding and to further encourage new points of view or even adoption of a totally new mindset.
Instead of lecturing on a broad variety of individual issues around buzzwords, our trainers focus on guiding participants to understand the key frameworks and being able to apply them effectively in their own organizations. We believe that a systematic and efficient learning process drives long-term impact in the development of professional identity.
- Four face-to-face sessions The program includes four face-to-face modules (nine days in total) with lectures, discussions, case studies and workshops.
- Online courses Participants choose one online course from the selection according to their personal interests.
- Literature and practical assignments Literature and practical assignments help process new information, enhance learning and transform the knowledge gained during the program to make it relevant to the participant’s own work.
Leading procurement from operational function towards value contributor
- Strategic role and competitive advantage of Procurement
- Tools for executing the strategy, category management
- External resource management
- Supply market intelligence
Contracts, costs and performance management
Aalto PRO premises in Helsinki * Cost modeling * Should cost and supplier development * Total cost analysis * Preparing for negotiations, systematic sourcing process * Contracting for business success and problem prevention
Supplier relationship management and supplier innovations
- Supplier relationship management
- Sourcing innovations from Suppliers
- Supply Network-Enabled Innovation
- Procurement Digital Transformation
Supply chain and Value Network
- Supply chain simulation game
- Sales & operations planning
- Supply chain risk management
BACKGROUND Katri Karjalainen got her PhD from Helsinki School of Economics in 2009, on the topic of "Challenges of purchasing centralization - Empirical evidence from Public Procurement". She was the youngest female doctor to graduate from the school. After her graduation, she has worked as an As...
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Lorentz received his doctoral degree in international business in 2009 from University of Turku, Finland, and currently serves as an associate professor of purchasing and supply management in the Operations & Supply Chain Management programme of Turku School of Economics at the University of ...
Mikko Sandelin (MSc. econ.) finalizes his doctoral dissertation at Aalto University School of Business. His doctoral research focuses on management control systems from holistic perspective in order to understand effective combinations of financial planning, performance measurement and evaluation...
Tomi Merenheimo is the managing partner of Magnusson in Finland. He is a former managing director of a top 10 Finnish law firm, and was previously Vice President of Legal Affairs and Investor Relations at a major Finnish-listed technology company and licensed telecommunications operator. Tomi fo...
Thomas E. Johnsen is Professor of Purchasing and Supply Management at Audencia Business School (Nantes, France) where he is also Director of the M.Sc. programme in Supply Chain and Purchasing Management. Prior to this he was Gianluca Spina Professor of SCM at Politecnico di Milano. He is curren...
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Because of COVID-19, many providers are cancelling or postponing in-person programs or providing online participation options.
We are happy to help you find a suitable online alternative.