The training methodology combines lectures, discussions, group exercises and illustrations. Participants will gain both theoretical and practical knowledge of the topics. The emphasis is on the practical application of the topics and as a result participant will go back to the workplace with both the ability and the confidence to apply the techniques learned to their duties.
Development of skills in a strategic process of procurement
Improvement of procurement management to delivery VFM
Building skills on how to undertake the process
Assessment of collaborative forms of working: partnering, alliances and joint ventures
Evaluation of project constraints and the management of risk
Content
Introduction to Strategic Sourcing and Supply Management
Evolution, objectives and responsibilities of supply management
Trends and pressures affecting supply management
How to determine the right supply chain for your product
Process, Purchasing Organization, and Commodity Strategy Development
Best practices for the procure-to-pay process
Role and structure of purchasing departments and where they fit in the organizational structure
7-step process to develop your commodity strategy
Supplier Evaluation and Selection and the Analytic Hierarchy Process
How to define important supplier characteristics and evaluation criteria
Strategies for evaluating your suppliers
Ways to improve your evaluation and selection process
Supplier Performance Management, Quality Management and Supply Base Integration
Strategies, tools and techniques for measuring and managing supplier performance
How to apply quality management concepts to manage supplier quality issues
Understanding of enterprise resource planning (ERP) systems
The value of quality buyer-supplier relationships and developing your suppliers
Global Sourcing and Outsourcing
How to analyze global trading partner data
The role of international purchasing offices (IPO)
When and how to enlist third party support
Global trends and research on outsourcing
Electronic Procurement and Strategic Cost Management
Objectives, benefits and challenges of e-procurement
E-procurement tools that yield the greatest benefits
Cost management across the entire supply chain
Value engineering, value analysis, cost analysis, and price analysis techniques
Negotiations, Law and Contract Management
Four principles for getting to yes
Effective negotiation tactics and methods
Laws of agency and buyer’s personal liability
Fundamentals of contract law and the Uniform Commercial Code (UCC)
Ethics and Green Procurement
How your firm can promote ethical behavior
Drivers of environmental sourcing and sustainability
Generally recognized environmental standards and certifications
For Whom:
Stores, Purchasing and Logistics Personnel in the Public and Private Sectors.
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Current Issues Procurement and Purchasing Management July December 2019 Lagos Nigeria Africa
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