Procurement Best Practices

The Procurement Best Practices Course will cover the following topics and more:

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 the Strategic Procurement Decisions

• Make / Buy Decision
• Vertical Integration
• Alliances and Partnerships
• Inter-company Trade
• Reciprocity and Counter Trade
• Supplier Strategy
• The Coordination Strategy
• The Purchasing Organisation

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 Procurement: Small Value Purchase Orders

Contingency Procurement Decisions

• The Different Contingency Situations
• Contingency Management

Procurement Performance Measurement

• Spend Analysis
• Total Cost of Ownership
• Supplier Performance Measurement

Course Booking

Please use the "Book Now" or "Inquire" buttons on this page to reserve your space or request for more information