COURSE OBJECTIVES
 
A practical guide to developing procurement strategies within the business.
 
 
COURSE CONTENTS
 
Day 1
 
The 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 2
 
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