Course details
Procurement Foundations:- Relation between supply chain & procurement management.
- Strategic Sourcing, Procurement & purchasing.
- Impact Of procurement in financial budget.
- Calculation of total cost of ownership.
- Estimated of cost & prices.
- Case study.
- Developing an effective specifications.
- Criteria of suppliers selection.
- Supplier's negotiation techniques.
- Suppliers evaluation processes and Performance Metrics.
- Key Performance Indicators (KPI) For Procurement staff.
- Tools could be apply through procurement processes.
- Case study.
- Types of procurement contracts.
- Selection of contract type.
- Payment terms.
- Procurement documentations.
- Case study.
- Supplier relationship management (SRM)
- Applications of Supplier quality assurance in multinational companies.
At program completion participants will be able to
- Understand what is the procurement
- Decide what to buy, when and from what sources
- Explore potential suppliers and develop relationships to get the best offers
- Evaluate the selection of suppliers to better negotiate the contract
- Understand the supply management concept and processes
Eligibility / Requirements
- Seniors and heads of Procurement.
- Executives and Professionals who are involved in supply management.
- Professionals seeking in- depth knowledge and understanding of the Procurement.
Job roles this course is suitable for:
Purchasing Specialist , Purchasing Supervisor , Purchasing Coordinator , Assistant Purchasing Manager , Senior Procurement Specialist , Procurement AssistantCourse Location
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