Fundamentals of Procurement: The 10 Tenets of Strategic Procurement Informa Connect Middle East
Price: $3,500 - $5,500
Instructor led live virtual classroom online. Classes may be individual or in group.
  • Location: UAE
  • Duration: 1 Days

    Course details

    Procurement is at the centre of every organisation's strategic success.

    In line with this, the Deloitte Global CPO Survey found 73% of procurement leaders believe they have the support of their organisation's leadership.

    Procurement's performance determines whether our organisations overcome their challenges and threatsand whether they realise their various opportunities. Procurement therefore determines whether theirorganisations survive and thrive. Fortunately for us in procurement, applying the 10 Fundamentals ofStrategic Procurement enables us to successfully fulfil this critical role.

    Unfortunately, again according to Deloitte, only 26% of CPOs rated the effectiveness of procurement as a strategic business partner as excellent. There is a huge opportunity here for us procurement professionals, especially as 51% of these procurement leaders believe their current teams do not have sufficient levels of skills and capabilities to deliver on their procurement strategy.

    These 10 Fundamentals of Strategic Procurement are our armory of tools, processes and skills. Best in class procurement teams use this to deliver on their organisations' strategies. These teams drive significant savings, improve quality, ensure security of supply, drive innovation, move towards sustainability, accelerate time to market and build in the flexibility to meet customer needs.

    Updated on 24 February, 2023

    About Informa Connect Middle East

    Informa Connect Middle East, is part of Informa, a multinational publicly listed publishing and events company.

    The Middle East office was previously known as IIR Middle East, and has been established in Dubai since 1993. Informa Middle East has grown to be the largest event organiser in the region and with over 300 staff, the office runs over 450 training courses and over 40 conferences regionally on an annual basis.

    The company also incorporates Informa Global Exhibitions which organises around 130 trade and consumer exhibitions in over 38 cities across the globe.  Arab Health, Cityscape, Middle East Electricity and The Bride Show are some of the flag ship events.
    Aside from the public training courses, conferences and exhibitions, Informa Middle East also provides in-house training to companies as well as manages events on behalf of corporate clients. Some of the past clients include NBAD, Microsoft, Etisalat, STC, Mobily, and ADNOC.  

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