Strategic Procurement

Course Description

Strategic procurement incorporates actions aimed at reducing the supplier base, negotiations, communication, and maintaining long-term relationships with suppliers. Mastery of Procurement and Supply management provides a competitive advantage to all companies.

This 5-day Strategic Procurement course provides delegates with practical Procurement skills that provide a competitive edge across their relevant sectors. This course program includes how to build and manage an optimal procurement function in direct and indirect spending that delivers both business and procurement targets. 

What Do Participants Learn?

• Equip With The Strategic Tools And Models For Enhanced Commercial Skills And Buyer-seller Interactions
• Effectively Reduce Costs From Your Business Whilst Minimizing Business And Operational Risks To Add Value And Improve Profitability
• Learn When To Formally “Tender” Requirements And When It Is More Effective To Seek Proposals Using Category Management Methodology
• Learn The Assembly Of Costs That Build Suppliers Prices To Gain Knowledge In Effective Expenditure Management
• Have More Capability In Using Tools And Techniques Relevant To The Sourcing Phase Of Procurement Projects
• Have More Capability In Matching The Rigor Of The Process To The Complexity Of The Category And The Supply Market
• Define Value For Money And Design Evaluation Mechanisms To Select The Best Offer In An Agnostic And Transparent Way

Who Should Attend?

• Procurement Officers
• Contracting Officers
• Supply Chain Professionals
• Program Managers
• Those Who Are Involved In The Planning, Evaluation, Preparation And Management Of Purchasing, Tenders, Contracts That Cover The Acquisition Of Materials, Equipment, And Services

What Will the Learning Experience Include?

Phase: 1

Introduce

• Comprehensive pre-program activities include:
• Web-based information forms & surveys completed by attendee.
• Direct consultation with the attendee about the expectations.

• During the training, participants engage in data, activities, and conversations that lead to insight and knowledge.
• Participants learn from expert trainers who have both academic and business experiences.
• Highly applicable training content & instructive activities for adding depth to training topics.
• **A half-day site visit for integrating the experience & plan next steps. Opportunities to provide connections, ideas & support.

Phase: 2

Explore & Practice

Phase: 3

Apply

• Apply & sustain the learning experience by using this ongoing support:
• To ensure participant has new skills or behavior progress.
• Optional, fee-based mentoring & coaching with the trainer.
• Training materials & additional documents (e-books, pdf files, presentations and articles)

• Evaluate your training experience by giving us feedbacks and help us to reach our organizational goals.
• Participant's Evaluation
• Trainer's Evaluation

Phase: 4

EVALUATE