Course Methodology

This course uses a variety of individual exercises, team exercises, case studies and videos.

Course Objectives

By the end of the course, participants will be able to:

• Write strategic procurement objectives and initiatives to support long term directions
• Arrange ‘spend items’ into categories that support planning of go-to-market strategies
• Apply demand forecasting techniques to improve planning of procurement activities
• Generate vendor integration strategies to ensure supply security
• Evaluate vendor bids in a scientific manner to support selection decision making

Target Audience

Purchasing and supply chain professionals at all levels of the organization who are involved in planning, sourcing, buying and bid selection activities, as well as personnel who are involved in the purchasing process.

Target Competencies

• Procurement planning
• Business analysis
• Structured thinking
• Business forecasting
• Inventory planning
• Performance evaluation