Procurement Strategy Development

 

Training Description

This course will help participants to develop and implement category based procurement strategies, hereby clearly understand corporate procurement strategy development options, manage tools and methods to implement strategies in business units, align procurement systems, processes and functions with the procurement spend and risk profile of the organization and focus on significant high risk/high spend accounts.

Training Objectives

Each attendee who will complete this training will gain the following outcomes:-

  • Apply and gain a good working knowledge on Procurement Strategy Development.
  • Describe the issues to be considered when developing a procurement strategy for a business unit.
  • Articulate the objectives of a procurement activity for a business unit.
  • Conduct procurement spend analysis, supply risk assessments, demand and supply market analysis.
  • Model and implement strategies for significant procurement.
  • Implement strategies for routine, volume, critical and strategic categories.
  • Align systems, capabilities, and administrative processes with strategic objectives.
  • Measure performance, outcomes and results.

Who should attend?

This course is designed for procurement practitioners and managers at all levels and is also recommended for programme and project staff and other procurement stakeholders involved in the planning, monitoring, management, or oversight of procurement. The course will particularly benefit those who wish to take a more proactive and strategic approach to their procurement activities by developing and implementing an integrated corporate procurement strategy.

Training Duration: 3 (Three) days (6 Hours/day)

Training Program

The following program is planned for this training. However, the instructor(s) may modify this program before or during the training for technical reasons with no prior notice to the delegates. Nevertheless, the training objectives will always be met:

DAY 1

08:30 – 09:00

Registration & Coffee

09:00 – 09:30

Welcome & Introduction

09:30 – 10:30

  • The Principles of Procurement Strategy Development

10:30 – 10:45

Break

10:45 – 12:30

  • Understanding the Procurement Portfolio
  • Procurement Profiling & Spend Analysis

12:30 – 01:30

  • Supply Positioning & Supply Risk Analysis

01:30 – 02:10

Lunch

02:10 – 03:30

  • Understanding the Organization’s Market Impact

03:30 – 03:45

Break

03:45 – 04:00

Training Wrap-Up

04:00

End of the Day One

DAY 2

09:00 – 09:30

Training Recapitulation for Day One

09:30 – 10:30

  • Demand & Supply Market Analysis

10:30 – 10:45

Break

10:45 – 12:30

  • Developing Corporate Procurement Objectives
  • Strategies for Managing Routine, Volume, Critical & Strategic Procurement Categories

12:30 – 01:30

  • Implementation of Significant Procurement Strategies (High Risk/Spend Categories)

01:30 – 02:10

Lunch

02:10 – 03:30

  • How to Align Procurement Functions with Strategic Objectives?

03:30 – 03:45

Break

03:45 – 04:00

Training Wrap-Up

04:00

End of the Day Two

DAY 3

09:00 – 09:30

Training Recapitulation for Day Two

09:30 – 10:30

  • Managing Procurement Systems, Capabilities, & Administrative Processes

10:30 – 10:45

Break

10:45 – 01:30

  • How to Manage Stakeholders & Suppliers
  • How Long Term Supply Agreements can Support Category Based Strategies

01:30 – 02:10

Lunch

02:10 – 02:45

  • Procurement Scheduling & Planning

02:45 – 03:00

Break

03:00 – 03:30

  • Measurement of Results & Outcomes

03:30 – 03:45

Training Summary

03:45 – 04:00

Giving of Training Certificate Completion

04:00

End of the Course

Material given during the training:  [DVD’s and Case Studies will be used during this course to illustrate examples of good and bad change implementation processes].

Before the course

Each delegate will be asked to complete a Pre-Course Assessment Form to determine their current level and objectives for attending the course. The content of such Form will be used by the trainer only to give tailored training that is focused on each group of delegates.

At the end of the course

Each delegate will be asked to complete an Individual Development Plan and Vocational Completion Certificate.

 

[maxbutton id=”2″ ]