The Course Content
Day One: Steps to Becoming World Class
What World Class Procurement Departments do differently
Category Management & Strategic Sourcing
The Kraljic Matrix
Winning Procurement Competencies
Build a Solid Business Case
Day Two: Evaluating Your Own Operation
Procurement Gap & Benchmarking Analysis
Spend & Opportunity Analysis
Developing the Procurement Department Strategic Plan
Developing Key Performance Indicators (KPI) For Procurement
Material Chain Management
Day Three: Continuous Improvement Roadmap
Key Enablers of Procurement
Agile Procurement
Supplier Pricing and Managing Price
Cost Reduction Strategies
Digitalisation
Day Four: Supplier Management Approaches
Supplier Classification System
Supplier Qualification Methods
Supplier Performance Metrics
Managing Procurement Risks
Contract Management
Day Five: Improving the Image of Procurement
Global Sourcing
Market Intelligence
Stakeholder Management
Ethics & Corporate Social Responsibility
Keeping Current in the profession