Advanced Course – Building Procurement Strategies

Transform your procurement approach with our course on Building Procurement Strategies. Discover the importance of strategic planning in developing long-term procurement strategies that align with organisational goals and drive competitive advantage. You’ll learn comprehensive frameworks for crafting effective strategies, including spend analysis, supplier segmentation, and market research. Explore techniques to ensure your procurement initiatives support key business objectives such as cost reduction, innovation, and sustainability. Delve into best practices for selecting and managing suppliers while effectively managing risk and fostering strategic partnerships. We’ll also guide you on monitoring and adjusting your strategies for continuous improvement.

Join us to elevate your procurement strategies and make a lasting impact!

Delegates Will Learn:

• The Importance of Strategic Planning in Procurement: How to develop and implement long-term procurement strategies that align with organisational goals and drive competitive advantage.
• Steps to Develop Long-Term Procurement Strategies: Frameworks for creating comprehensive procurement strategies, including spend analysis, supplier segmentation, and market research.
• Aligning Procurement Strategies with Organisational Goals: Techniques for ensuring that procurement initiatives support overall business objectives, including cost reduction, innovation, and sustainability.
• Developing and Implementing Supplier Selection and Management Strategies: Best practices for selecting and managing suppliers in a way that supports strategic objectives, including risk management, performance evaluation, and strategic partnerships.
• Monitoring and Adjusting Procurement Strategies: How to track the effectiveness of procurement strategies, adapt to changes in the market, and continuously improve procurement processes.
• Case Studies of Strategic Procurement Successes: Real-world examples of how strategic procurement has driven success in different industries, highlighting key lessons and best practices.

Who will benefit from attending this course?

• Senior procurement professionals
• Procurement managers
• Strategic planners in procurement

Does the location/date/time of this course not work for your organisation? We’re flexible, contact us about bringing the training to your facility through in-house or bespoke courses at a date and time that is most convenient to you!