A company's supply chain is a way of creating value for its customers by fulfilling orders in a timely, cost-effective manner. By adding value to your supply chain, you can ensure that your customers receive the products that they need and want as quickly and efficiently as possible. The aim of this program is to provide an understanding of procurement and supply management perspectives. 

Course Title

Creating Value Through Procurement and Supply Management Skills

Skills that learners can develop:

• Strategic Sourcing:

  Developing the ability to identify and select the most suitable suppliers based on factors like price, quality, delivery, and sustainability. This includes conducting market research, evaluating supplier performance, and negotiating contracts.

• Supplier Relationship Management:

  Building and maintaining strong relationships with suppliers to ensure a reliable and collaborative supply chain. This includes effective communication, trust-building, and conflict resolution.

• Contract Negotiation:

  Mastering negotiation techniques to secure favorable terms and conditions in contracts with suppliers. This includes understanding contract law, identifying key negotiation points, and developing persuasive arguments.

• Risk Management:

  Identifying and mitigating potential risks in the supply chain, such as disruptions, price fluctuations, and quality issues. This includes developing contingency plans, conducting risk assessments, and implementing risk mitigation strategies.

• Procurement Processes:

  Understanding and optimising procurement processes, from requisition to payment, to ensure efficiency and compliance. This includes implementing e-procurement systems, streamlining workflows, and improving data management.

• Cost Management:

  Identifying and implementing cost-saving measures in the procurement process, such as negotiating better prices, reducing waste, and optimising inventory levels. This includes conducting cost analysis, benchmarking, and implementing value engineering techniques.

• Data Analysis and Reporting:

  Analysing procurement data to identify trends, measure performance, and make informed decisions. This includes using data visualisation tools, developing key performance indicators (KPIs), and preparing reports for management.

• Managers and supervisors: Those in leadership positions who want to enhance their management skills, improve their team's performance, and develop their leadership style.

• Aspiring leaders: Individuals who aspire to move into leadership roles and want to develop the necessary skills and knowledge to succeed.

• Team members: Employees who want to improve their organisational skills and to contribute effectively to their team and organisational success.

• Entrepreneurs and small business owners: Those who want to develop the skills to manage their businesses effectively, build strong teams, and drive growth.

• Anyone seeking personal, professional, and career development: Individuals who want to improve and and enhance their overall effectiveness and career prospects. 

Who benefit from attending our training:

Join our training events, secure your place now for an enriching experience. Our training events will enhance your workforce future skills and potentials.