Strategy
Sourcing Strategy for a Boston D2C Cosmetics Startup
Overview
What this challenge is about.
As a procurement consultant, you must analyze the current supplier portfolio, identify critical raw materials, and develop a sourcing strategy that includes supplier selection criteria, risk mitigation plans, and negotiation levers. Success means presenting a clear, actionable plan that reduces supply risk by at least 30% while maintaining cost targets. Deliver a report with supplier scorecards, a risk matrix, and a phased implementation roadmap.
The Brief
What you'll do, and what you'll demonstrate.
Design a strategic sourcing strategy to diversify the supplier base for key raw materials, reducing supply risk and supporting sustainable growth.
Earning criteria — what you'll demonstrate
- Apply strategic sourcing frameworks to a real-world scenario
- Evaluate and select suppliers using multi-criteria decision analysis
- Develop risk mitigation strategies for supply chain disruptions
- Integrate sustainability considerations into procurement decisions
Program Fit
Where this fits in your program.
Sharpens the same skills your degree expects you to demonstrate.
Skills
Skills you'll demonstrate.
Each one shows up on your verified credential.
Careers
Roles this prepares you for.
Real titles. Real skill bridges. Pick the one closest to your trajectory.
Career mappings coming soon.