Strategic Cost Management: Supply Chain and Procurement

INTRODUCTION

In this course, we will look at procurement’s function in the firm as well as some common misconceptions regarding Procurement, Purchasing, and Supply Chain professionals. You will realize how crucial our function is in the organization, and the best way to demonstrate this is to investigate the leverage impact of Procurement. Procurement savings immediately contribute to a company’s profit.

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:

• Work with cost management
• Create procedures for working with pricing and price development
• Respond to rising price pressure
• Convert your suppliers into partners that will assist you in meeting your price development targets
• Build a strategic approach to cost management in your firm
• Sustain strategic approach to cost management over time.

 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

• Planning logistics
• Logistics work processes
• Inventory management
• Assessment and planning of requirements
• Forecasting demand
• Logistics management
• SCM
• Supplier and buyer relationship