Advanced Procurement Techniques

Description

This course applies strategic direction to the procurement process, aiding the evaluation of the supply market environment and its complex dynamics.

PARTICIPANTS WILL LEARN HOW TO:

• Develop sound procurement strategies and tactical alternatives
• Learn to analyse the supply market by using leading practice frameworks
• Understand objectives and principles of Supplier Relationship Management (SRM)
• Evaluate current best practices for purchasing goods and services

COURSE TOPICS INCLUDE:

• Total Cost of Ownership (TCO)
• Strategic evaluation of the supply market
• Suppliers positioning model
• Suppliers preferencing model
• Vendor management
• Approaches to pricing strategy