This training course helps you understand the underlying concepts and methodologies that link stakeholder expectations and requirements with supplier delivery and performance. Learn how to optimize the value from your suppliers and contracts with specific actionable improvements and measurable value.
Key Learning Outcomes:
Establishing the critical success factors for your operation
Creating a procurement management framework for your organisation
Strategic cost management
Developing strategic supplier management skills
Evaluating your suppliers - key measures for a total cost and value approach
Identifying and managing key risks for improved procurement and purchase practice
Essential negotiation skills for the procurement manager
Purchasing processes: How to become operationally efficient in purchasing
Developing a balanced performance measurement framework that is value driven