Full course description
Overview
Acquire a foundational understanding of managing and optimizing procurement and supplier management. You will learn basic principles of purchasing and develop strategies in supplier negotiations impacted by economic and regulatory issues.
Details
| STARTS | Apr 26, 2022 |
|---|---|
| ENDS | Apr 28, 2022 |
| SCHEDULE | April 26-28, 2022: 10:00-11:30am, 1:30-3:00pm Eastern |
| LOCATION | Live Remote |
| COST | $1,600 (View Discounts) |
Who Should Attend
This introductory program is for managers or directors who are new to purchasing, new to managing purchasing staff, or anyone looking to brush up on current purchasing issues and strategies. Past participant titles have included:
- Procurement Operations Specialist
- Director, Accounting Services
- Manager, Contract Management
- Strategic Influencers
- Material Control Supervisor
- Purchasing Manager
- Strategic Sourcing Manager
Program Benefits
Improve your ability to:
- Discuss the importance of purchasing in the supply chain
- Explain the dynamic environment of the purchasing industry including economic and regulatory issues
- Decide what procurement strategies make sense for your company
- Understand the basics of spend analysis
- Discuss key issues in supplier negotiation
Program Content
Key Purchasing Concepts
- Spend analysis
- Commodity segmentation
- Supplier bid evaluation
- Supplier and industry research
- Global/worldwide sourcing
- Total cost of ownership analysis
Current Trends
- Domestic trends
- International trends
- Sustainability in the supply base
- Ethics in procurement
- Supplier quality
Influence the Process
- Data and influence
- How to get the most out of the supply base
- Maintaining strong supplier relationships
Case Studies
- Cost modeling techniques
- Market intelligence
- Negotiation
- RFP Development in Manufacturing and Services
Value For You and Your Organization
Strategic Procurement and Purchasing provides practical information to better manage purchasing operations. You will learn techniques for lowering total procurement costs or maintaining current costs in an environment where material costs are on the rise.
"The course curriculum was a great blend of supply chain and procurement. It was also a great blend of people who brought different experiences to the program."
Bill Bianco
Buyer/Inventory Supervisor, Hussey Copper