The strategic approach is usually accompanied by longer-term partnerships and you will look at how to achieve value for everyone involved in the deal.
As a result of attending this workshop you will be equipped to deal with more complex and business-critical procurement projects and learn about tools and approaches that will allow you to get the best out of your suppliers.
Throughout the 2 days, you will be asked to develop your own approach to strategic purchasing so that you can ensure that goods or services are purchased in a professional, sustainable and effective manner.
This workshop is designed to help people who are managing larger or longer-term procurement projects. If you are new to the role, it will give you an understanding of what it involves and some tools to get started in a professional and effective way.
If you already undertake strategic purchasing projects, the course is a useful refresher and you will pick up some additional ideas and tools to extend what you already do.
Understand the importance of a strategic approach to purchasing and the key activities involved.
Be able to research the market and collate the data that is most critical to adding value from your purchasing activity
Develop a supplier engagement and leadership strategy
Manage negotiations to achieve supplier partnerships that create value for both your organisation and your strategic suppliers
Apply these principles to the needs of your own organisation
You will need to:
You will be asked to bring at least one example of a strategic purchasing project or activity with which you are currently, or have recently been, involved. This could involve purchasing goods, services or both.
Understanding Purchasing Strategy & Leadership
What does it mean and how does your organisation measure up?
An overview of the Strategic Purchasing cycle
Strategic Purchasing Cycle
Understanding the value of your suppliers
Supplier market intelligence
Developing supplier selection criteria
Making the in-sourcing vs outsourcing decision
Understanding Framework Agreements and their uses
Supplier selection options
Supplier Engagement and Performance Management
Strategies for supplier partnership
Developing a supplier engagement strategy
Preparing for contract exit
|Course Duration||2 Days|