* All fees are exclusive of vat ** PREMIUM - Customize your learning experience
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?
Supply Chain Professionals
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?
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.
Explore & Practice
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.
Defining Procurement Excellence
Planning Procurements Outcomes Is Critical For Success.
Engaging With Business Stakeholders
Reviewing The Supply Market
Designing The Market Approach
Engaging The Market
Selecting The Supplier
Matching The Rigour Of The Process To Complexity
Procurement Analysis And Classification
Strategic Cost Management
Principles Of Cost And Value Management
Application Of Cost Price And Value Analysis
Understanding The Total Cost Of Ownership
Purchasing Analysis Tools And Techniques
Performance Measurement And Evaluation
Tactical Vs. Strategic Sourcing
Strategic Sourcing Benefits
Industry And Strategic Sourcing
The Strategic Sourcing Process
Develop A Strategic Sourcing Plan
Supplier Selection And Appointment
Strategic Sourcing Models And Tools
Vendor Relationship Management
Supply Chain Management
Developing Market Enquiries RFI RFT, Rfp, RFQ EOI; Is There A Difference?
Understanding Market Structure
Understanding Market Dynamics
Supply Chain Analysis
How This Phase Can Add Or Destroy Value
The “Battle Of The Forms”
Assembling The Offer Documents
Designing The Evaluation Framework
Matching The Rigour Of The Process To The Complexity
Simple, Complicated, Complex And Chaotic Situations