Course Details
Course Outline
5 days course
Seeing Procurement as a Dynamic, Interactive System:
- The System Approach vs. the traditional Functional Approach
- What is the goal of Procurement?
- Developing the Strategic Procurement Plan
- An overview of the procurement process
- Procurement as part of the Supply Chain
Developing Strategic Procurement Decisions:
- Make/buy decision
- Vertical integration
- Alliances and partnerships
- Inter-company trade
- Reciprocity and countertrade
- Supplier strategy
- The coordination strategy
- The Purchasing organization
Implementing the Tactical Procurement Decisions:
- Supplier involvement
- Value analysis
- Quality Assurance
- Supplier selection
- Supplier rating and ranking
- Contract management
- IT systems and e-Procurement
- Policies and procedures
- Staffing the Procurement Department
Dealing with Operational Procurement Decisions:
- Selecting the most appropriate ordering process
- Addressing quality issues
- Follow up
- Overdue orders
- Expediting
- The payment process
- Reducing the cost of the procurement: small value purchase orders
Contingency Procurement Decisions:
- The different contingency situations
- Contingency management
- Procurement Performance Measurement
- Spend analysis
- The total cost of ownership
- Supplier performance measurement
