Strategically Managing A Procurement Function
'Managing The Spend And Providing Organizational Successes'
Who Should Attend?
Skilled management of procurement is vital to an organization’s strategic and financial performance. Those individuals responsible for a procurement function, whether newly appointed, or wishing to develop their own procurement and supply management strategy, will benefit from this programme.
About the Programme
This course provides an overview of the issues faced by a procurement team. It relates the performance of the purchasing process to corporate strategy, and focuses on how to manage the purchasing spend and relationships - leading to best value for money. While covering the principles of effective procurement and the procurement process this course will also clearly demonstrate the difference between well-planned procurement, and unplanned procurement.
Course Objectives
- To have a knowledge of the role of a procurement department and an understanding of the key activities within the procurement process
- To align procurement with the business objectives
- To plan and manage suppliers within best practice arrangements
- To focus on a procurement strategy
- To market the procurement function, including working together with internal customers
What You Will Gain
- An understanding of the modern role of procurement within an organization
- An understanding of procurement policy versus procurement strategy, and its vital relationship
- Knowledge of producing real strategies which contribute to overall organizational performance
- Awareness of the importance of procurement within an operational department, and how it best interacts with other functional areas of the business
- A unique opportunity to benefit from sharing ideas and experiences with other delegates
Programme Contents
DAY ONE
- The Procurement Organization
- The Influence Of Environmental Factors On Purchasing Structures
- Procurement Ethics
- Indicators Of Procurement Fraud
- Purchasing As A Functional Department
- Cross-Functional Teams
- Procurement Policy & Procedures
- Procurement Strategy Development
- Mapping Procurement To Corporate Strategy
- Advantages & Disadvantages Of Decentralised Procurement
DAY TWO
- Improving Procurement Management Techniques
- Planning & Dealing With Internal Customers
- Knowledge Management In Procurement
- Getting The Right Supplier
- Specification Writing
- The Tendering Process
- Developing & Enhancing The Performance Of Suppliers
- E-Auctions & Reverse Auctions
- Advantages Of E-Procurement
- Marketing The Procurement Function
2 Days - Non-Residential
Delegate spaces available on the following course dates:
Before the course each delegate will be asked to complete a Pre-Course Briefing Form to determine their individual objectives for attending the course. These objectives will be used by the tutor to give on-target training that is focused on the individual delegates.
At the end of the course each delegate will be asked to complete a Personal Development Plan that can be used as part of future appraisals and that will also be an important tool for management reference.
Total investment includes - Training Materials, Lunch & Refreshments.