This course aims to provide a comprehensive understanding of strategic procurement, focusing on key elements such as supplier management, strategic sourcing, negotiation, and contract management. We will also discuss future trends, including digitalization and sustainable procurement. By the end of the course, you will be equipped with the knowledge and skills to develop and implement an effective strategic procurement plan in your organization.
Upon completion of this course, attendees should be able to:
- Understand the concept and importance of strategic procurement and align it with corporate strategy.
- Manage suppliers effectively, including selection, relationship building, performance improvement, and risk management.
- Apply strategic sourcing and category management principles in procurement.
- Negotiate effectively and manage contracts in procurement.
- Understand future trends in strategic procurement, including digitalization and sustainability, and prepare a strategic procurement plan.
This course is ideal for:
- Procurement professionals aiming to enhance their strategic thinking and decision-making skills.
- Managers and executives involved in strategic planning and decision making related to procurement.
- Business students specializing in supply chain management or related fields.
- Consultants advising businesses on procurement strategies.
- Business owners seeking to improve their procurement practices for competitive