Analyze and Shortlist Top Suppliers
Key Takeaways
Analyzes and shortlists top suppliers using a weighted-scoring model
Original Description
Transition from subjective supplier evaluations to a strategic, data-driven approach with Analyze and Shortlist Top Suppliers. This intermediate course is designed for procurement professionals, supply chain managers, and business analysts who need to make objective, defensible sourcing decisions. You will master the development and application of a weighted-scoring model, a powerful tool for translating complex business priorities—like quality, cost, and ESG performance—into a clear, quantifiable framework.
Through expert-led videos, engaging role-play dialogues, and hands-on practice assignments, you will learn to identify critical evaluation criteria, assign strategic weights, and score suppliers consistently using real-world case studies like the Ford Aligned Business Framework. The course culminates in a final project where you will create a comprehensive Strategic Sourcing and Recommendation Portfolio, which includes an advanced scorecard, a strategic analysis report, and a formal risk mitigation outline. By the end of this course, you will possess the skills to move beyond simple price comparisons and implement a structured, analytical process for selecting the best possible supply partners for your organization.
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