Advanced Procurement and Supply Management

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Venue Starting Date Duration Fees Join Now
Online - Virtual , 20240625 25 - Jun - 2024 2 Hrs X 8 Sessions $2,100 Register
Dubai - UAE , 20240701 01 - Jul - 2024 5 - Day $4,950 Register
Cape Town - South Africa , 20240819 19 - Aug - 2024 5 - Day $4,950 Register
Online - Virtual , 20241016 16 - Oct - 2024 2 Hrs X 8 Sessions $2,100 Register
Dubai - UAE , 20241104 04 - Nov - 2024 5 - Day $4,950 Register

COURSE OVERVIEW

The success of the purchasing and supply management function delivers a substantial positive impact on the organization’s bottom line. Efficient procurement and supply practices help reduce costs and improve delivery, quality, sustainability, strategic competitive advantage, supplier satisfaction, and innovation. To achieve these, well-defined roles, responsibilities, systems, professionally trained resources, and organizational structures are required.

This Advanced Procurement and Supply Management course is designed to acquire all the necessary skill sets to design and implement a world-class purchasing and supply management function. The participant gets an insight into the best-in-class strategic category management process. You will learn how to do supplier evaluation and performance management processes for vendor development. This course covers tendering, bid analysis, standard policies, and procedures. Sourcing strategies and e-Procurement management are extensively considered in the learning outcome.

LEARNING OBJECTIVES

Upon completion of this Advanced Procurement and Supply Management training, participants will be able to:

  • Setting strategies for the world-class category and spent management
  • Application of strategic category management process in procurement and supply
  • Understand the best practices in the supplier evaluation process
  • Application of effective performance management driving supplier improvement
  • Understand the key elements of a well-structured tender/bid management
  • Policies and Procedures in Procurement & Supply
  • Global sourcing strategies development and implementation
  • e-Procurement development to manage vendor onboarding, PR & PO process

TARGET AUDIENCE

The Advanced Procurement and Supply Management training is beneficial to a large group of audience, including:

  • Senior Procurement and Supply Chain Professionals
  • Managers and Leaders involved in major global sourcing activities
  • Supply Chain Professionals & Managers
  • Project, Contract, and Procurement Managers
  • Senior Buyers and Category Management Professionals
  • Procurement and Supply Chain Professionals Wish to Develop Knowledge in Strategic Procurement and Supply

TRAINING METHODOLOGY

This practical and results-oriented program is based on adult learning concept. This course will be presented using a combination of lectures, practical/hands-on approach such as role plays, case studies, presentation, and video. Practical cases and examples illustrate the variety of current practices and build individual capabilities. There will be ample time for Q&A, discussions with ‘return to work’ action planning. The program will reinforce key concepts within an inspiring and engaging learning environment.

Pre & Post course assessments will be used to measure the effectiveness of this training.

COURSE CONTENTS

Module 1 - Defining Strategic Business Category Management

  • KeyTopics:

    • What is World Class Procurement and Supply Management?
    • Category Management Strategies
      • Organisations Expectation
      • Category Spend Data
      • Supply Market Profiles
      • Stakeholders’ Positions
    • Value improvement using category management

Module 2 - Supplier Evaluation and Performance Management

  • KeyTopics:

    • Vendor / Supplier Pre-qualification Questionnaire
    • Supplier Evaluation
    • Quality Management Systems
    • Performing a Supplier Assessment
    • Setting Acceptance Criteria
    • Setting Objectives that are aligned with the Goals of the Company
    • Characteristics of a Good Performance Measurement System

Module 3 - Tendering and Analysing the Bid, and Policies/Procedures

  • KeyTopics:

    • Types of Tenders
    • Electronic Commerce / E Auctions
    • Evaluating a Bid Objectively
    • Terms and Conditions of the contract
    • Methods of Payment
    • Ethics and Legal Compliance
    • Blacklisting process
    • Signing levels and approvals
    • Commercial Risk Appetite
    • Audit and inspection
    • Process development

Module 4 - Formulating a Global Sourcing Strategy

  • KeyTopics:

    • Global sourcing today
    • The case for a global sourcing strategy
    • Major issues to address in your strategy
    • Developing the strategy
    • Implementing the global sourcing strategy

Module 5 - e-Procurement Management

  • KeyTopics:

    • Steps in developing an e-procurement system
    • The capabilities of e-procurement
    • Vendor Portal Management
    • e-procurement internal customer ordering and approvals system (PR Process)
    • e-quotation preparations and evaluation system
    • e-purchase order system (PO Process)
    • Catalog and data management

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