Sourcing, Purchasing, and Procurement Skills

INTRODUCTION

Procurement is frequently perceived and controlled as an administrative activity, with sourcing operations carried out at arms’ length. Strategic sourcing solves this problem by utilizing a proven step-by-step process to optimize and constantly improve sourcing activities. The phases involved in the strategic sourcing process are described in this course. We provide a method for creating product categories based on an examination of organizational spending. We then uncover six go-to-market methods and explain how each might be used to various product categories. Finally, we establish the necessary Key Performance Indicators (KPIs) required for ongoing sourcing activity improvement.

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:

• Analyze internal spending and supplier market trends to lay the groundwork for sourcing strategies.
• Implement various sourcing tactics to maximize savings and assure supply security.
• Identify suitable suppliers to ensure that sourcing strategies are carried out effectively.
• Describe operational and strategic procurement procedures in order to maximize value.
• Manage procurement process performance for ongoing improvement.

 WHO SHOULD ATTEND THIS COURSE?

• Project Managers
• Operations Managers
• Procurement and logistics professionals
• Supply chain manager
• Management Representatives
• Procurement Professionals
• Logistic Professionals
• Warehouse & Stores Managers
• Purchasing Professionals
• Supply Chain Professionals
• Anyone who is seeking improvement in skills for enhanced performance and career development

TARGETED SKILLS

• Analyze internal spend
• Optimize saving
• Supply security
• Supplier integration
• Procurement process