Strategic Sourcing Certification | CSP-India
Master strategic sourcing on your schedule. SIG University’s CSP-India program is tailored for sourcing professionals in India, offering comprehensive training that combines advanced strategies and MBA-level theoretical frameworks with practical insights specific to India’s unique sourcing landscape. Developed in collaboration with industry experts, this eLearning program equips you to master strategic sourcing on your schedule, enabling you to create innovative strategies that deliver substantial business impact.
What is “strategic sourcing” in procurement?
Strategic sourcing encompasses the procurement and supply chain processes while forcing them to evolve. It is so much more than just procurement. It places an emphasis well beyond the initial purchase price and focuses on the sourcing process through ongoing market analysis and relationship building with suppliers. It takes an in-depth approach to analyzing what a company buys, where it buys it from, and at what price and volume.
Companies use strategic sourcing to improve their procurement processes by involving performance measurements and improving the process on an ongoing basis. Strategic sourcing has many successful achievements, but one benefit that stands out among the rest is reduced total cost.
To put it simply, a strategic sourcing plan helps companies achieve big goals that contribute to their success. That’s why it’s important to learn more than just traditional procurement as your role, and this function shift to be more strategic in nature.
What will I learn in the CSP-India program?
SIG University’s CSP-India program provides in-depth training on the hard and soft skills of sourcing, giving students the tangible and practical knowledge they need to be successful. Students are exposed to strategic sourcing and outsourcing methodologies and best practices in negotiations and are also equipped with a toolkit of resources that allow them to add value to the office immediately. This comprehensive program covers a wide range of topics crucial for success in sourcing and procurement roles, including Business Finance, Strategic Sourcing, Contract Management, Supplier Relationship Management, and Negotiation.
In addition to these foundational topics, the program has been carefully adapted for the Indian market, incorporating India-specific content such as commercial terms, financial concepts, regulatory frameworks, and cultural nuances. Participants will gain insights into key aspects of sourcing within India, including engagement with the Government, customs regulations, startup funding models, and specific considerations for procurement organizations operating in India. By blending global best practices with local insights, this program prepares participants to navigate the complexities of sourcing within the Indian business landscape effectively.
Who should take the CSP-India program?
The CSP-India program is appropriate for senior professionals and those new to the profession with no sourcing background. It is useful for anyone working in sourcing, outsourcing, procurement, third-party risk management, and related fields who is located in India and performs these functions domestically. Sourcing teams that take the CSP-India program together can improve their performance by gaining a baseline understanding of fundamental concepts and building a common language.
It’s important to note that the program is not just for practitioners, it’s also for the providers who serve them.
How is the CSP-India program structured?
The CSP program is a learning journey that is structured in three parts and takes approximately 4-7 hours per week (if you complete one learning path per week), depending on your learning style. You begin by learning the hard skills of sourcing, then move on to key strategic sourcing principles, and finish your journey by focusing on the soft skills of sourcing.
Each week, you will:
- complete weekly module assignments
- take quizzes after each lesson to assess your retention
You will also complete a final short essay on the program’s topics. This combination of elements creates a holistic learning experience for our students.
What can I expect after completing the CSP-India program?
In addition to the knowledge, skills, and tools gained, those who have completed the CSP-India program have loved the learning experience provided and can immediately apply what they learned. All graduates of the CSP-India program are issued a digital badge to include on their CVs and LinkedIn profiles.
Graduates of the CSP-India program are invited to join the SIG University Alumni and Faculty private LinkedIn group to stay connected with peers and faculty.
Additionally, SIG University graduates receive 10% off additional certifications!
Course Syllabus
See a more in-depth overview of the CSP-India program.
Who are our past graduates?
What Topics are Covered?
View the learning journey of topics covered each week during a semester.
Who are the Faculty and Authors?
Meet the subject matter experts that have supported this program!
Certificate & Digital Badge
All graduates of the CSP program are issued a digital badge and a certificate of completion to include on their LinkedIn profile & CV.
