Advanced Procurement and Supply Management

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.

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

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

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.