Procurement has evolved from a simple administrative procedure to a full-fledged strategic business unit. It is no longer sufficient to simply convert requisitions into orders and then wait for the goods or services to be delivered. As a result, it is critical for Procurement to consistently deliver value to the organization by delivering products and services that contribute to the organization's well-being.
Strategic
Tactical
Operational
Contingency
This Procurement Best Practices training course will address the necessary conditions at all four levels for those delegates who want to implement high-performing Procurement functions.
Participants will expand competencies via various instructional techniques including a lecture by an experienced practitioner and consultant, exercises, review published articles, and group discussions covering current practices and their relationship to the implementation of new concepts.
Reduce the number of non-values adding activities
Improved relations between personnel, customers and suppliers
Reduction in total cost of ownership
Improved supplier performance
Increased skill sets in all phases of strategic procurement
Greater ability to lead, plan, and manage the procurement process
A greater sense of professionalism and being able to contribute to the organization’s strategic objectives
Increased Knowledge about Key Performance Indicators
Increased recognition by the organization due to improved performance
Contracts, Purchasing, and Procurement Personnel
Project, Engineering, Operational, and Maintenance, Personnel who are involved in the planning, and execution of purchases and contracts
All involved in the acquisition of materials, equipment, and services and who are in organizations whose leadership want high levels of competency in those involved in these activities
The System Approach vs. the Traditional Functional Approach
What is the goal of Procurement?
Developing the Strategic Procurement Plan
An Overview of the Procurement Process
Procurement as Part of the Supply Chain
Make / Buy Decision
Vertical Integration
Alliances and Partnerships
Inter-company Trade
Reciprocity and Counter Trade
Supplier Strategy
The Coordination Strategy
The Purchasing Organization
Supplier Involvement
Value Analysis
Quality Assurance
Supplier Selection
Supplier Rating and Ranking
Contract Management
IT Systems and e-Procurement
Policies and Procedures
Staffing the Procurement Department
Selecting the most Appropriate Ordering Process
Addressing Quality Issues
Follow-up
Overdue Orders
Expediting
The Payment Process
Reducing the Cost of Procurement: Small Value Purchase Orders
The Different Contingency Situations
Contingency Management
Spend Analysis
Total Cost of Ownership
Supplier Performance Measurement
