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Procurement Best Practices Course

By: GTC

United Kingdom

21 - 28 Sep, 2020  8 days

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USD 4,950

Venue: London

Other Dates

Venue Date Fee  
Dubai, United Arab Emirates 02 - 09 Nov, 2020 USD4950

It is crucial that professionals, particularly buyers, have the essential skills and tools to understand and contribute to the procurement process. This course is designed precisely to equip delegates with best practices to ensure that they keep up with trends regarding the shift from operational buying to strategic procurement. Though procurement has always been crucial to an organisation's success, it is only in recent years that businesses have really come to terms with the added value it can create.

Who Should Attend

This course is suitable for a number of professional figures, including: procurement directors, executive directors, functional directors, supplier managers, buyers / senior buyers, operations managers, finance managers, project managers, general managers.

Course Outcomes

Delegates will gain knowledge and skills to:

  • Strategically measure procurement performance
  • Select the best suppliers by using cross-functional commodity teams, scorecards, and total cost of ownership analysis
  • Improve vendor performance through a supplier performance management programme
  • Optimise supplier relationships
  • Leverage technology such as eProcurement and internet reverse auctions
  • Conduct benchmarking
  • Develop sound procurement strategies and tactical alternatives
  • Understand the process of building effective tenders/RFPs
  • Develop methods for the application of procurement policies and strategies

Key Course Highlights

  • Defining procurement excellence
  • Understand the role of procurement
  • A strategic approach to procurement
  • Current procurement best practices used for purchasing both goods and services
  • Evolution, objectives and responsibilities of procurement management
  • Build an effective procurement function
  • Cost control and reduction
  • Electronic procurement and strategic cost management
  • Ethics and green procurement
  • Supplier evaluation and selection
  • Supplier performance management
  • Selecting appropriate service levels
London Sep 21 - 28 Sep, 2020
Dubai, United Arab Emirates 02 - 09 Nov, 2020
USD 4,950.00(1 week)
USD 8,500.00(2 weeks)
USD 5,950.00(1 week)
USD 8,900.00(2 weeks)
(Convert Currency)

Murphy Unuakhe 09056761232

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