Developing a World-Class Procurement Strategy

• The role played by goods and service provision in the procurement function., The two significant components of building a world-class procurement environment., The infrastructure that supports the key processes of world-class procurement for sustainable benefit., Procurement’s role as a key enabler of corporate objectives., World-class processes and infrastructure - including supplier management. Determine the procurement function’s goals and objectives from the company goals and objectives., Determine the scope of an organisation’s group purchasing processes and where a large portion of supply chain costs are incurred., Shift purchasing focus from processing purchase orders to managing relationships with suppliers., Shift focus from price containment to identifying opportunities to reduce total cost of ownership., Identify procurement processes that can be simplified and which solutions will be applicable., Different supplier management technologies., The Key Phases in the Supply Base Management process., The benefits of implementing strategic sourcing - how it dramatically affects an organisation’s bottom line.

Who should attend

• Public or Private sector procurement leaders, Procurement and Supply Chain Manager, Supply Chain Analysts, Buyers (Senior and Junior), Sourcing managers