Course Details

Master Procurement Excellence: Strategic Procurement & Category Management Training Course

INTRODUCTION

"Elevate your procurement function from transactional to strategic with our comprehensive Strategic Procurement & Category Management Training Course. Strategic Procurement & Category Management Training Course equips professionals with the advanced skills to drive cost savings, enhance supplier relationships, and deliver significant value to their organizations. Learn to develop and implement robust category management strategies, negotiate effectively, and optimize your procurement processes. Master the techniques for becoming a strategic procurement leader and driving competitive advantage."

"This practical, hands-on training provides a deep dive into the methodologies for strategic sourcing and category management. Participants will learn to conduct spend analysis, develop category strategies, and implement supplier relationship management programs. From understanding the importance of stakeholder engagement to navigating complex market dynamics, this course empowers you to build a world-class procurement function. Enhance your ability to drive strategic value and optimize your supply chain by mastering the essential principles and practices of strategic procurement and category management."

DURATION

10 days

TARGET AUDIENCE

This course is meticulously designed for:

• Procurement Managers and Specialists
• Category Managers
• Sourcing Managers
• Contract Managers
• Supply Chain Managers
• Finance Professionals
• Business Analysts
• Anyone seeking to enhance their skills in strategic procurement and category management.

COURSE OBJECTIVES

Upon completion of this course, participants will be able to:

• Understand the principles of strategic procurement and category management.
• Conduct comprehensive spend analysis and market research.
• Develop and implement effective category strategies.
• Utilize advanced negotiation techniques for optimal outcomes.
• Implement robust supplier relationship management (SRM) programs.
• Optimize procurement processes and drive cost savings.
• Utilize e-procurement tools and technologies for efficiency.
• Develop and manage effective contracts.
• Measure and report on procurement performance.
• Align procurement strategies with overall business objectives.

COURSE MODULES

Module 1: Introduction to Strategic Procurement and Category Management:

• Overview of strategic procurement and category management concepts.
• Understanding the importance of procurement as a strategic function.
• Exploring the benefits of category management for organizational success.
• Understanding the link between procurement and business outcomes.

Module 2: Spend Analysis and Market Research:

• Conducting comprehensive spend analysis to identify opportunities.
• Utilizing market research techniques to understand supplier landscapes.
• Analyzing market trends and identifying potential risks.
• Understanding the importance of proper data collection.

Module 3: Developing Effective Category Strategies:

• Developing category strategies aligned with business objectives.
• Utilizing strategic sourcing methodologies.
• Implementing segmentation and classification of categories.
• Understanding the importance of proper strategy documentation.

Module 4: Advanced Negotiation Techniques:

• Utilizing advanced negotiation strategies and tactics.
• Implementing effective communication and persuasion skills.
• Developing negotiation plans and scenarios.
• Understanding the importance of proper negotiation preparation.

Module 5: Supplier Relationship Management (SRM):

• Developing and implementing robust SRM programs.
• Utilizing supplier performance management tools and techniques.
• Implementing supplier collaboration and innovation initiatives.
• Understanding the importance of proper supplier communication.

Module 6: Optimizing Procurement Processes and Driving Cost Savings:

• Identifying and eliminating inefficiencies in procurement processes.
• Utilizing process improvement methodologies (e.g., Lean, Six Sigma).
• Implementing cost reduction strategies and initiatives.
• Understanding the importance of proper process documentation.

Module 7: Utilizing E-Procurement Tools and Technologies:

• Utilizing e-procurement platforms and tools for efficiency.
• Implementing electronic sourcing and contract management systems.
• Utilizing data analytics for procurement insights.
• Understanding the importance of proper system integration.

Module 8: Contract Development and Management:

• Developing effective contract templates and agreements.
• Implementing contract management processes and procedures.
• Utilizing contract negotiation and dispute resolution techniques.
• Understanding the importance of proper contract documentation.

Module 9: Measuring and Reporting on Procurement Performance:

• Developing key performance indicators (KPIs) for procurement.
• Utilizing reporting and analytics tools for performance measurement.
• Implementing benchmarking and best practice analysis.
• Understanding the importance of proper data visualization.

Module 10: Aligning Procurement Strategies with Business Objectives:

• Aligning procurement strategies with overall business goals.
• Utilizing strategic planning and forecasting techniques.
• Implementing stakeholder engagement and communication strategies.
• Understanding the importance of proper stakeholder communication.

CERTIFICATION

• Upon successful completion of this training, participants will be issued with Macskills Training and Development Institute Certificate

TRAINING VENUE

• Training will be held at Macskills Training Centre. We also tailor make the training upon request at different locations across the world.

AIRPORT PICK UP AND ACCOMMODATION

• Airport pick up and accommodation is arranged upon request

TERMS OF PAYMENT

• Payment should be made to Macskills Development Institute bank account before the start of the training and receipts sent to info@macskillsdevelopment.com