Advanced Strategies in Procurement

INTRODUCTION

This training is designed to help Procurement Professionals to learn advance procurement strategies. Simulations are used to explore and practice advanced negotiating and procurement tactics, as well as business continuity and contingency planning for procurement. The course investigates the strategic relevance of procurement departments by employing concepts and ideas to maximize procurement department effectiveness and, as a result, reduce costs throughout the supply chain.

COURSE METHODOLOGY

This course is designed in the form of workshop which will includes a variety of learning tools to help participants function effectively and efficiently in a multifunctional environment through various methodologies including;

• Short lectures
• Brainstorming
• Case studies
• Group activities
• Role playing

COURSE OBJECTIVES

The attendees of this Certificate Program will be able to:

• Improve your decision-making skills in all facets of logistics job.
• Assist in the correct operation and fulfilment of all controlling regulations and systems.
• Understand that payment and escrow are the topic of both domestic and international contracts.
• Learn about products clearance, shipping, and insurance procedures.
• Plan and follow-up on procurement, and negotiate with suppliers to lower supply and operating costs.
• Plan, manage, and safeguard stock to maintain work continuity and to decrease investor in shops.
• Recognize the disposal of stagnates to promote organizational liquidity.

 WHO SHOULD ATTEND THIS COURSE?

• Project Managers
• Operations Managers
• Procurement and logistics professionals
• Supply chain manager
• Management Representatives
• Anyone who is seeking improvement in skills for enhanced performance and career development

TARGETED SKILLS

• Procurement planning
• Business analysis
• Structured thinking
• Business forecasting
• Inventory planning
• Performance evaluation
• Procurement innovation and creativity
• Negotiation planning
• Evaluating suppliers
• Training buyers
• Writing procurement KPIs
• Market search for better suppliers