In-Company training for the Supply Chain Professional
Developing Procurement Strategy
Course Objectives
A practical guide to developing procurement strategies within the business.Course Contents
Day OneThe strategic process
Analysis, option development and selection, implementation
Tools of analysis
Resource Audits, Benchmarks and norms of performance
Corporate Strategies
Selecting and setting appropriate strategic directions (Broad or narrow, brand or cost)
Missions visions goals and objectives for an organisation
Review of case studies of differing Corporates and their strategies
Globalisation and its effect on corporate strategies
Sourcing from Low Cost Countries
The link between Corporate, Operational, and Procurement strategies
The top down - bottom up approach to strategy development
Stakeholders in the process
Role of procurement in the development of corporate strategic thinking
The upstream supply chain and its impact on the organisations competitive advantage and operational efficiency
Organisational dependency on its supply chains for competitive advantage
Day Two
Developing Procurement Strategies
Category management based strategies
Risk management based strategies
Cost reduction or cost down cost out strategies
Lean Supply
Supplied innovation
Outsourcing
People Selection and Development
Deciding on the mix of skills, competencies, attributes
Setting up and managing training and development programmes
Systems
ERP
E-procurement
Structures
Drivers and enablers for differing structures
Local or national or global, Centralised, networked, decentralised, matrix, co-located, project procurement structures
Processes and Process mapping
Sourcing strategies in the supply chain
Cost reduction initiatives
Who Should Attend
All procurement teams charged with or currently developing overall procurement strategies. Teams seeking a refresher and review of their current strategic thinking.Duration
A 2-day double manned course.
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