- Payment Terms: Enquire
- Locations: Business Bay - Dubai Istanbul, Turkey England - United Kingdom Kuala Lumpur, Malaysia
- Duration / Course length: 5 Days
- Starting Date: Enquire About It
- Timings: Enquire
Course details
Objective- Write strategic procurement objectives and initiatives to support long term directions
- Arrange 'spend items' into categories that support planning of go-to-market strategies
- Apply demand forecasting techniques to improve planning of procurement activities
- Generate vendor integration strategies to ensure supply security
- Evaluate vendor bids in a scientific manner to support selection decision making
Strategic procurement planning
- Setting procurement mission and objectives
- Selection of improvement initiatives
- Systems
- Work streams
- Culture
- Performance measures and targets
- Communication of procurement plan
- Stakeholder engagement
- Spend category profiling
- Spend impact analysis
- Vendor segmentation
- Market risk analysis
- SWOT analysis
- Porter's five forces
- Risk heat maps
- Vendor risk scores
- Category report consolidation
Forecasting and demand planning
- The soft side of forecasting
- Taleb's black swan
- Principles of demand planning
- Quantitative forecasting techniques
- Qualitative forecasting techniques
Vendor integration
- Vendor prequalification process
- Vendor prequalification criteria
- Financial criteria
- Technical criteria
- Staff criteria
- HSE criteria
- Service Level Agreements (SLAs)
- Strategic partnering
- Supplier diversity programs
- Bid management process
- Bid evaluation criteria
- Scoring systems and protocols
- Selection and award
- Total Cost of Ownership (TCO) for complex purchases
Eligibility / Requirements
There are no eligibility requirements to attend this course.
Course Location
About Convertas
CONVERTAS is a reliable advisory firm, helping organizations develop their activities to align with their objectives adopting the best practices.
Our trainings and workshops cover all areas of business including Management,Soft Skills and Human Resourses Management, Marketing and Sales, Accounting and Finance, Procurement and Logistics, targeting organizations, managers and employees. Whether in-house or public, trainings are organized with the highest qualified trainers.
Our methodology relies more on the use of audio-visual impact which is more effective than the lecture style. Presentations, videos and simulations methods have proven to be very effective for people to remember.
Moreover, doing and teaching are the best vehicles for learning and remembering. This includes involving the trainee in the teaching process by interacting, through completing worksheets and inciting to explain and present what is acquired.
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