Supply Chain Academy

Advanced Procurement Techniques

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This course applies strategic direction to the procurement process, aiding the evaluation of the supply market environment and its complex dynamics. It also presents a set of real, targeted tools and techniques that, once applied, help improve the effectiveness of procurement activities, contributing to making procurement a source of sustainable competitive advantage.

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  • Commodity specialists
  • Supply chain managers
  • Managers and executives
  • Procurement professionals
  • Senior buyers
  • Develop sound procurement strategies and tactical alternatives
  • Learn to analyse the supply market by using leading practice frameworks
  • Understand objectives and principles of Supplier Relationship Management (SRM)
  • Evaluate current best practices for purchasing goods and services
  • Total Cost of Ownership (TCO)
  • Strategic evaluation of the supply market
  • Suppliers positioning model
  • Suppliers preferencing model
  • Vendor management
  • Approaches to pricing strategy