Best Practice Procurement

Course details

Procurement is a strategic function tasked with improving an organisation's profitability. It does this by driving cost savings and adding business value, whilst typically being responsible for spending more than 60% of an organisation's revenue.

The key question asked of procurement though, is, does it deliver? Does it act like the strategic function it is empowered to be? Does procurement earn and deserve its place on the top table?

Research shows procurement can and does deliver, but only when procurement teams and professionals apply procurement best practice.

After this course, you will be able to apply the processes, skills and tools that are fundamental to the success of the world's leading procurement organisations. You will be able to achieve double-digit cost savings and form constructive business partnerships with your stakeholders. You will learn how to develop business-driven procurement strategies. By becoming an advanced negotiator, you will be able to ensure your suppliers deliver the best value to your business.

Informa's Best Practice Procurement course is based around a series of activities and focusses on "learning by doing" to ensure you convert all the learning to back-in-the-office business opportunities. Updated on 24 February, 2023 - Read Less