BSC-128     Strategic Procurement & Negotiation Skills for Spare Parts

• Overview
• Course Objectives
• Course Content
• For Whom
• Schedule and Hours

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This programme on Strategic Procurement & Negotiation Skills for Spare Parts equips participants with the knowledge to plan and source spare parts effectively, ensuring optimal cost, quality, and availability to support operational continuity. It emphasizes strategic approaches such as supplier evaluation, demand forecasting, and building long-term partnerships to enhance efficiency and reduce downtime.

Participants will also develop practical negotiation skills to secure favorable pricing, delivery terms, and service levels from suppliers. The training highlights structured negotiation techniques to achieve win-win outcomes while maintaining strong and sustainable supplier relationships.

In addition, the programme covers best practices in spare parts management, including inventory control, critical parts classification, and cost optimization. This ensures organizations can balance availability with cost efficiency, minimizing disruptions and improving overall maintenance performance.

By the end of this programme, participants will be able to:

• To understand the principles of strategic procurement and its significance in spare parts management.
• To develop negotiation skills that lead to better terms and conditions with suppliers.
• To learn effective sourcing strategies for spare parts to ensure reliability and cost-effectiveness.
• To enhance supplier relationship management to foster collaboration and innovation.

• Section 1: Introduction to Strategic Procurement
• Section 2: Understanding Spare Parts Procurement
  
• Section 3: Supplier Evaluation and Selection
  
• Section 4: Strategic Sourcing Techniques
  
• Section 5: Negotiation Fundamentals
  
• Section 6: Negotiation Strategies Specific to Spare Parts
  
• Section 7: Contract Management for Spare Parts
  
• Section 8: Risk Management in Spare Parts Procurement
  
• Section 9: Performance Measurement and Continuous Improvement
  

This course is ideal for:

• Procurement professionals involved in spare parts sourcing and management.
• Supply chain managers and coordinators.
• Maintenance and operations personnel responsible for spare parts inventory.
• Anyone interested in enhancing their procurement and negotiation skills in the context of spare parts.

This is a ​2-days programme.
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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.