Strategic Sourcing and Prioritization

This course recommends a structured approach to market scanning, supplier prequalification, and analytical shortlisting that supports defensible sourcing decisions. You will progress from long-list generation through RFI-driven comparisons to weighted scoring and total-cost-of-ownership (TCO) evaluations. The curriculum combines quantitative approaches—such as weighted-score models and TCO construction—with practical selection workflows and documentation tactics that procurement teams use to convert market intelligence into shortlist recommendations. Focus areas include designing and executing market scans, conducting RFIs for comparative evaluation, applying scoring matrices that reflect organizational priorities, and performing TCO analyses to produce award recommendations that align cost, risk, and performance objectives.