Mini MBA for Procurement Professionals

Course details

Course Overview

In today’s climate of economic turmoil, price volatility and
market uncertainty, and with globalism making our lives more
interconnected and complicated, it is increasingly necessary
for companies to identify and develop managers with a broad
understanding of the issues facing the international Purchasing
& Procurement industry and with the skills necessary to
manage effectively over a wide range of responsibilities. This
program is designed to provide managers with the necessary
skills and knowledge and to prepare them for more senior
responsibilities within their organizations.

WHO SHOULD ATTEND?

• This training session will be of interest to Director, General Managers, Managers of Purchasing or Procurement. 
• It will also be useful for those Buyers who aspire to more senior responsibilities within their organizations 
• It will also be useful to other buyers and those employees responsible for successful support of the related functions, quality management and cost and schedule control.

PROGRAM OBJECTIVES

• Gain a broad understanding of Purchasing & Procurement and the companies that make up this industry 
• Learn about the important issues facing our industry and strategies used to address these issues 
• Gain specific skills in strategic planning, setting goals, budgeting and finance 
• Learn the characteristics of an effective leader and understand how leaders motivate, delegate and inspire 
• Understand how projects are organized and managed 
• Understand the management and allocation of resources (money, time, people, tools and technology) 
• Gain skills in managing direct vs. indirect costs 
• Deal with Purchasing & Procurement risks through finance and selection strategies 
• Make effective management decisions using deterministic and probabilistic models 
• Compare international Purchasing & Procurement systems 
• Learn how to work with and understand various methods of dispute resolution