Class Central is learner-supported. When you buy through links on our site, we may earn an affiliate commission.

Udemy

Procurement and Strategic Sourcing

via Udemy

Overview

Cost Reduction, Risk Mitigation, Sourcing Strategy and AI

What you'll learn:
  • Learn Strategic Sourcing, Procurement 101
  • Learn to Manage and Negotiate Contracts, Suppliers and Stakeholders
  • Create a strategy to create cost savings, reduce risk
  • Learn to apply Gen AI to your Sourcing Plan

Mastering Procurement & Strategic Sourcing isn’t about pushing paperwork—it’s about driving measurable business value. This course gives you the practical tools, sourcing strategies, and negotiation frameworks used by top procurement professionals to reduce costs, strengthen supplier relationships, and elevate your impact inside any organization. Whether you’re new to procurement or looking to sharpen your strategic edge, you’ll learn how to analyze spend, build sourcing plans, manage risk, and influence stakeholders with confidence. If you want to level up your career and become the person leadership trusts with critical decisions, this course is your roadmap.

Led by instructor Chris Roy, MBA, a procurement leader with more than 20 years of experience in Sourcing & Procurement, this course provides expert guidance through every stage of the Strategic Sourcing and Procurement lifecycle. You’ll gain a deep understanding of the full Procure‑to‑Pay process, with a focus on achieving cost savings, mitigating risk, and streamlining contract negotiations.

Throughout the program, you’ll explore the core components of a successful sourcing strategy—from supplier evaluation and contract development to project management and performance measurement. You’ll learn how to navigate complex negotiations, manage strategic sourcing initiatives, and apply proven techniques used by high‑performing procurement teams.

You’ll also get a forward‑looking view of how technology is transforming the field. Students receive a sneak peek into using Microsoft applications and AI Agents to automate procurement activities, uncover efficiencies, and enhance decision‑making. By the end of the course, you’ll understand how automation and strategic sourcing work together to deliver substantial cost savings, reduce risk, and create new opportunities for your organization

Syllabus

  • Introduction
  • Contracts & Negotiations
  • Project Management & Business Applications
  • Using AI in Supply Chain (Live Use Case)

Taught by

Christopher Roy

Reviews

4.5 rating at Udemy based on 374 ratings

Start your review of Procurement and Strategic Sourcing

Never Stop Learning.

Get personalized course recommendations, track subjects and courses with reminders, and more.

Someone learning on their laptop while sitting on the floor.