Strategic Procurement Management

Aim:

To acquire an understanding on how purchasing can contribute positively to the company’s financial statements and how purchasing strategies can assist an organisation to achieve competitive advantage and how to build a supplier base.

Course Objectives:

• To understand the change of purchasing from an independent function to an integrated activity as well as the supply chain concept.
• To identify various forms of purchasing strategy aimed at gaining competitive advantage.
• To indicate the moving away from quality control towards quality assurance.
• To compare price analysis with cost analysis.
• To understand the different stages of negotiation and taking right decisions.
• To understand the basics of a practical approach to outsourcing.
• To be able to measure purchasing performance.
• To understand a contract formation and understand the ethics in purchasing.
• To be aware of the Procurement Act.

Who can take the course?        

• Purchasing Officers, Supply Chain Managers, Production Controllers and Merchandisers
• School Leavers (HSC & SC Students) who are considering career in purchasing and procurement

Course Content:

1. Strategic Procurement
2. Procurement has led prior crisis recovery efforts
3. Purchasing flow components
4. Performance measures
5. Strategic sourcing
6. Make v/s Buy
7. Network
8. Inventory Management
9. Integration
10. Role of IT
11. Agile Supply Chain

Course Duration: 39 Hours (13 Sessions of 3Hrs)
Days & Time: Saturdays  – 09.00 hrs to 12.00 hrs

The course is MQA approved and subjected to HRDC refund.