Workshop 2 L4M4: Ethical and Responsible Sourcing

Workshop 2 L4M4: Ethical and Responsible Sourcing AprilApr 20 2021 07:00pm - 08:30pm

Module purpose

On completion of this module, learners will be able to explain the options and associated
processes available for sourcing with external suppliers. They will also examine the legal and
ethical impact and the implications of corporate social responsibility, on the final sourcing
decision.

Module aim(s)

In any organisation, a significant element of procurement and supply activity is based around
decisions to internally conduct activity or to source from an external supplier. Hence, the
selection of the correct external suppliers is a vital contributor to overall organisational
success. This module enables personnel with roles in procurement and supply to formulate
selection criteria and sourcing strategies to ensure that the organisation will make the
correct choice of external suppliers. It explains options for sourcing, and examines the key
processes that can be applied to the analysis of potential external suppliers and to ensure the
development of ethically and socially responsible sourcing agreements.

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