“Supply Chain is like nature, it is all around us.” - Dave Waters
BSC-102 Right Procurement Skills for Non-procurement Executives & Managers
Schedule and Hours
One of procurement key function is to determine the ‘right price’. How are these analysed and determined? What ‘should cost’ techniques are most applicable?
This training emphasizes application and practical ways to help you on the job and put your new-found knowledge to work for your organization. New approached and methods offer opportunity to cut costs, reduce waste, avoid non-value-added activities, and increase the chance to buy at the lowest cost for the best value
Able to understand the strategic sourcing process and identify the ways in which value may be created through effective management of the sourcing process.
Identify the relationships that the sourcing team need to establish with internal and external stakeholders.
Identify the tools and resources that are appropriate at each phase of the sourcing process.
Procurement as Profit Center
Internal controls in Procurement Cycle
Procurement Savings Impact on Profit and Spend Profile
Mechanisms of Pricing & Purchase Price Indexes
Forecasting Techniques on Procurement
Inventory as part of Procurement
“Leveraging the supply chain” idea
“Aggregation” idea - Activity Based Costing & Supplier Relationship
Impact of Contract on Direct Cost Procurement
The training is designed for those who are involved in the procurement/sourcing process and who perform activities that are part of the sourcing process. In particular this course will benefit people who are new to procurement or sourcing.
This is a 2-days programme. This course runs from 9:00am – 5:00pm with an hour for lunch and periodic short breaks.
This is an intensive session designed to include as much discussion as possible. Lunch and breaks provide an opportunity for further questioning and discussion with the instructors.
We are HRD Corp (Human Resource Development Corporation) Registered Training Provider. All of our training modules are claimable under HRD Corp.