Methodology

This course employs diverse interactive training techniques, including case studies, team exercises, and questionnaires.

Course Objectives

By the end of the course, participants will be able to:

Analyse procurement spend as a basis for value-driven procurement planning

Engage with strategic suppliers of critical items using collaborative frameworks

Executive cost-saving strategies by leveraging purchasing power

Apply innovative techniques to swing the nature of demand in procurement’s favour

Identify the best sourcing strategies for each product category through analysing procurement data

Target Audience

Senior-level procurers, procurement supervisors, category managers, purchasing managers, procurement directors and other experienced supply chain professionals.

Target Competencies

Strategic sourcing

Spend analysis

Value chain analysis

Supplier relationship management

Procurement management

Negotiations