Strategic Procurement Planning

Background

In today’s global marketplace, the significance of procurement extends far beyond traditional purchasing functions. Strategic procurement has emerged as a critical component of organizational success, playing a pivotal role in driving efficiency, mitigating risks, and achieving competitive advantage. The ability to effectively plan and execute procurement strategies has become essential for businesses seeking to navigate complexities in supply chains, optimize costs, and capitalize on emerging opportunities..

About the course

The Strategic Procurement Planning course is designed to address the evolving needs of professionals operating in procurement and supply chain management roles. Rooted in the understanding that procurement is no longer just about buying goods and services at the lowest cost, this course offers a comprehensive exploration of the strategic dimensions inherent in modern procurement practices. Throughout the course, participants will delve into key concepts, best practices, and advanced techniques essential for strategic procurement planning. From understanding market dynamics to developing supplier relationships, each module is crafted to provide a holistic understanding of procurement processes and their strategic significance within an organization..

Benefits of Attending

Upon completion of this course, participants will be able to:
  • Analyze Market Trends
  • Evaluate Supplier Capabilities
  • Mitigate Procurement Risks
  • Optimize Procurement Costs
  • Negotiate Favourable Contracts
  • Manage Supplier Relationships Strategically
  • Integrate Sustainability Practices
  • Leverage Technology and Innovation
  • Develop Strategic Procurement Plans
  • Drive Organizational Excellence
 

Language

The workshop is conducted in English. You will need to have a good working knowledge of the language.
 
 
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Who is it for?
The Strategic Procurement Planning course is tailored for professionals across various industries who are involved in procurement, sourcing, and supply chain management. This comprehensive program caters to a diverse range of individuals, including:

  • Procurement Managers
  • Supply Chain Professionals
  • Purchasing Specialists
  • Strategic Sourcing Analysts
  • Operations Managers
  • Entrepreneurs and Business Owners
  • Consultants and Advisors

Regardless of your role or industry, if you are involved in or anticipate being part of organisational change efforts, this course provides valuable insights, practical tools, and a supportive learning environment to help you master the art and science of Change
Management. 

What you will learn

  1. Fundamentals of Strategic Procurement
  2. Market Analysis Techniques
  3. Supplier Evaluation and Selection
  4. Risk Management Strategies
  5. Cost Optimization Techniques
  6. Contract Negotiation Skills
  7. Strategic Supplier Relationship Management
  8. Sustainability and Ethical Procurement Practices
  9. Technology and Innovation in Procurement
  10. Strategic Planning and Execution
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Fees

The fee for our programs are structured based on client requirement. Our full content package typically includes Tuition, Course Materials, Field trip for practical application of learning, Accommodation with breakfast, Lunch and light refreshment throughout the course, a Guided Tour of the city of Manchester or any tourist attraction nearby and a Souvenir. Only the items in bold come as standard, other items are subject to client requirement.

 

VAT

We do not have to charge UK Value Added Tax (VAT) if you can provide written confirmation from your government or its accredited representative that you are “employed by the government in furtherance of its sovereign activities”. In all other cases, we will have to charge VAT (currently 20%) in addition to the fee.

Other Cost

Airfares tickets to and from the UK are not included.

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