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Course Title:

Course ID:

010724 0101 2100ESH

Course Dates :

01/Jul/2024

 To

05/Jul/2024

Course Duration :

5

Course Location:

London

United Kingdom

Course Fees GBP £ :

Primary Price

£4,555.99

VAT may vary depending on the country where the course or workshop is held

Course Fees USD $:

Advisory Price

$5,829.09

VAT may vary depending on the country where the course or workshop is held

Course Category:

Professional and CPD Training Programs

Supply Chain, Procurement, Purchasing Management, Logistics Management

Course Certified By:

* Professional Training and CPD Programs
Leading to : Executive Diploma Certificate
Leading to : Executive Mini Masters Certificate
Leading to : Executive Masters Certificate

* ESHub CPD
* LondonUni - Executive Management Training
* Others

United Kingdom

Please Note : Your £250.00 Deposit will be deducted from the total invoice Amount.
To commence the registration process for your training course, please follow the link provided and proceed with; Upon successful payment, we will promptly contact you to finalize your enrollment and issue a confirmation of your guaranteed placement.

Course Information

Introduction

Welcome to the Advanced Purchasing and Supply Techniques course!
In today's rapidly evolving business landscape, mastering advanced procurement strategies is crucial for optimizing supply chains, minimizing costs, and enhancing organizational performance.
This comprehensive course is designed to equip professionals with the advanced skills and knowledge needed to navigate complex procurement challenges successfully.
Throughout the course, participants will engage in interactive discussions, case studies, and hands-on exercises to reinforce learning and practical application of concepts.
Join us on this journey to unlock the full potential of advanced purchasing and supply techniques!

Objectives

• Explore advanced concepts in purchasing and supply management.
• Learn strategic sourcing strategies to maximize value and minimize risk.
• Understand negotiation techniques to secure favourable contracts and partnerships.
• Enhance supplier relationship management skills for sustainable supply chain success.
• Gain insights into supply chain optimization and cost-saving methodologies.
• Develop the ability to analyse market trends and make data-driven procurement decisions.
• Cultivate leadership and communication skills essential for effective procurement management.

Who Should Attend?

This course is tailored for professionals involved in procurement, supply chain management, vendor management, logistics, and related fields.
It is ideal for mid to senior-level managers, procurement officers, buyers, supply chain analysts, and anyone seeking to advance their expertise in purchasing and supply management.

Training Method

• Pre-assessment
• Live group instruction
• Use of real-world examples, case studies and exercises
• Interactive participation and discussion
• Power point presentation, LCD and flip chart
• Group activities and tests
• Each participant receives a 7” Tablet containing a copy of the presentation, slides and handouts
• Post-assessment

Program Support

This program is supported by:
* Interactive discussions
* Role-play
* Case studies and highlight the techniques available to the participants.

Daily Agenda

The course agenda will be as follows:
• Technical Session 08.30-10.00 am
• Coffee Break 10.00-10.15 am
• Technical Session 10.15-12.15 noon
• Coffee Break 12.15-12.45 pm
• Technical Session 12.45-02.30 pm
• Course Ends 02.30 pm

Please Note : Your £250.00 Deposit will be deducted from the total invoice Amount.
To commence the registration process for your training course, please follow the link provided and proceed with; Upon successful payment, we will promptly contact you to finalize your enrollment and issue a confirmation of your guaranteed placement.

Week 1

Day 1:
Strategic Sourcing and Vendor Selection
• Introduction to strategic sourcing
• Supplier segmentation and evaluation
• Total cost of ownership (TCO) analysis
• Supplier relationship management (SRM) frameworks
• Case studies and group discussions

Day 2:
Negotiation Strategies and Contract Management
• Principles of effective negotiation
• BATNA (Best Alternative to a Negotiated Agreement) analysis
• Contract types and key terms
• Contract negotiation tactics and strategies
• Contract management best practices

Day 3:
Supply Chain Optimization and Risk Management
• Overview of supply chain optimization
• Demand forecasting techniques
• Inventory management strategies
• Risk identification and mitigation in the supply chain
• Business continuity planning

Day 4:
Data Analytics in Procurement
• Importance of data analytics in procurement
• Key performance indicators (KPIs) for procurement
• Data-driven decision-making processes
• Supplier performance measurement and analysis
• Leveraging technology for procurement analytics

Day 5:
Leadership and Communication in Procurement
• Leadership styles and their impact on procurement
• Stakeholder management and engagement
• Effective communication strategies in procurement
• Conflict resolution techniques
• Building a culture of continuous improvement in procurement

Please Note : Your £250.00 Deposit will be deducted from the total invoice Amount.
To commence the registration process for your training course, please follow the link provided and proceed with; Upon successful payment, we will promptly contact you to finalize your enrollment and issue a confirmation of your guaranteed placement.